English

Coordination Mechanisms with Partially Specified Probabilities

Theoretical Economics 2026-05-11 v1

Abstract

We study which outcomes are implementable by disclosing coarse statistics of a data-generating process rather than its full distribution. Players observe data whose joint distribution is only partially known: they know the expectations of finitely many random variables and form beliefs by maximum-entropy inference. We obtain two characterizations. When message spaces are unrestricted, implementable outcomes coincide with jointly coherent outcomes, expanding the set of correlated equilibria. With canonical mechanisms, implementability reduces to a single cross-entropy condition: the target outcome must lie on the cross-entropy level set of some correlated equilibrium that passes through that equilibrium itself. Examples and several classes of games illustrate the reach of the framework.

Keywords

Cite

@article{arxiv.2605.07469,
  title  = {Coordination Mechanisms with Partially Specified Probabilities},
  author = {Francesco Giordano},
  journal= {arXiv preprint arXiv:2605.07469},
  year   = {2026}
}
R2 v1 2026-07-01T12:57:17.396Z