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  • Search: subject:"fullinformation optimum"
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Subject
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Asymmetrische Information 1 Auktionstheorie 1 Mechanism Design 1 Theorie 1 fullinformation optimum 1 informed principal 1 optimal auction 1 quasi-linear payoff functions 1 strong solution 1
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Online availability
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Free 1
Type of publication
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Book / Working Paper 1
Type of publication (narrower categories)
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Working Paper 1
Language
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English 1
Author
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Mylovanov, Tymofiy 1 Tröger, Thomas 1
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Bonn Econ Discussion Papers 1
Source
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EconStor 1
Showing 1 - 1 of 1
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Optimal Auction Design and Irrelevance of Private Information
Mylovanov, Tymofiy; Tröger, Thomas - 2008
We consider the problem of mechanism design by a principal who has private information. We point out a simple condition under which the privacy of the principal's information is irrelevant in the sense that the mechanism implemented by the principal coincides with the mechanism that would be...
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