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Robust Implementation with Costly Informa- tion,

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Robust Robustness

econ.TH · 2024-08-29 · unverdicted · novelty 6.0

Introduces robust robustness as a refinement of maxmin mechanisms under ambiguity, shows many existing ones are not robust due to degenerate priors, and demonstrates how to enrich ambiguity sets to ensure robustness.

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  • Robust Robustness econ.TH · 2024-08-29 · unverdicted · none · ref 37

    Introduces robust robustness as a refinement of maxmin mechanisms under ambiguity, shows many existing ones are not robust due to degenerate priors, and demonstrates how to enrich ambiguity sets to ensure robustness.