June 17th at 11am.

PERFECT REVENUE FROM PERFECTLY INFORMED PLAYERS

Silvio Micali

MIT

We put forward a new extensive-form mechanism that, in a general
context with perfectly informed players and quasi-linear utilities,

(1) Has a unique subgame-perfect equilibrium at which it virtually
achieves optimal revenue;

(2) Is perfectly resilient to collusion, complexity, and privacy; and

(3) Works for any number of players greater than 1

(Joint work with Jing Chen and Avinatan Hassidim)