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~isPartOf:"Working Paper Series of the Max Planck Institute for Research on Collective Goods"
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BDP
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correlated information
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surplus extraction
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Mechanism Design
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informational smallness
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mechanism design
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Max-Planck-Institut zur Erforschung von Gemeinschaftsgütern, Max-Planck-Gesellschaft
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Beliefs, Payoffs, Information: On the Robustness of the BDP Property in Models with Endogenous Beliefs
Gizatulina, Alia
;
Hellwig, Martin
-
Max-Planck-Institut zur Erforschung von …
-
2011
, full
surplus
extraction
is only possible if agents’ beliefs about other agents are fully informative about their own payoff …
Persistent link: https://www.econbiz.de/10010662710
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2
Informational Smallness and the Scope for Limiting Information Rents
Gizatulina, Alia
;
Hellwig, Martin
-
Max-Planck-Institut zur Erforschung von …
-
2009
¢ cient outcomes can be approximated, with approximately full
surplus
extraction
, when there are many agents and each agent is …
Persistent link: https://www.econbiz.de/10008497630
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