Munich Personal RePEc Archive

Quantum and algorithmic Bayesian mechanisms

Wu, Haoyang (2011): Quantum and algorithmic Bayesian mechanisms.

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Abstract

Bayesian implementation concerns decision making problems when agents have incomplete information. This paper proposes that the traditional sufficient conditions for Bayesian implementation shall be amended by virtue of a quantum Bayesian mechanism. Furthermore, by using an algorithmic Bayesian mechanism, this amendment holds in the macro world too.

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