Search Results - subject:"stochastic mechanisms"

Sequential versus static screening: An equivalence result

Krähmer, Daniel; Strausz, Roland - 2017

We show that every sequential screening model is equivalent to a standard text book static screening model. We use this result and apply well-established techniques from static screening to obtain solutions for classes of sequential screening models for which standard sequential screening...

Persistent link: https://www.econbiz.de/10011663456

Sequential versus static screening : an equivalence result

Krähmer, Daniel; Strausz, Roland - 2017

Persistent link: https://www.econbiz.de/10011626592

Stochastic Mechanisms and Quasi-Linear Preferences

boone, jan; Schottmuller, C. - Tilburg University, Center for Economic Research - 2012

Abstract: Many optimal contracting papers use quasi-linear preferences. To exclude stochastic mechanisms they impose a …-linear preferences that an optimal deterministic outcome without bunching implies that stochastic mechanisms are not optimal (without any …

Persistent link: https://www.econbiz.de/10011092726

Stochastic Mechanisms in Settings without Monetary Transfers: Regular Case

Kovac, Eugen; Mylovanov, Tymofiy - 2006

information and no monetary transfers. We present an example in which stochastic mechanisms perform strictly better than …

Persistent link: https://www.econbiz.de/10010263179