Heumann, Tibor - In: Theoretical economics : TE ; an open access journal in … 15 (2020) 1, pp. 319-359
We study a principal--agent model. The parties are symmetrically informed at first; the principal then designs the process by which the agent learns his type and, concurrently, the screening mechanism. Because the agent can opt out of the mechanism ex post, it must leave him with nonnegative...
