Martimort, David; Moreira, Humberto - In: Theoretical economics : TE ; an open access journal in … 5 (2010) 2, pp. 159-213
The provision of public goods under asymmetric information has most often been viewed as a mechanism design problem … distribution has a linear hazard rate. This points at the major inefficiency of contribution games under asymmetric information and … public good on their behalf. In any separating and informative equilibrium of this common agency game under asymmetric …