Knightian Robustness of Single-Parameter Domains
Computer Science and Game Theory
2014-03-26 v1
Abstract
We consider players that have very limited knowledge about their own valuations. Specifically, the only information that a Knightian player has about the profile of true valuations, , consists of a set of distributions, from one of which has been drawn. We prove a ``robustness'' theorem for Knightian players in single-parameter domains: every mechanism that is weakly dominant-strategy truthful for classical players continues to be well-behaved for Knightian players that choose undominated strategies.
Cite
@article{arxiv.1403.6411,
title = {Knightian Robustness of Single-Parameter Domains},
author = {Alessandro Chiesa and Silvio Micali and Zeyuan Allen Zhu},
journal= {arXiv preprint arXiv:1403.6411},
year = {2014}
}