We survey the recent literature on the role of information in mechanism design. First, we discuss an emerging … literature on the role of endogenous payoff and strategic information for the design and the efficiency of the mechanism. We … order beliefs becomes a natural desideratum. We discuss recent approaches to robust mechanism design and robust …

The impact of the British government's new proposals for personal portable pensions and of the parallel reduction of …

This paper uses stochastic simulations on calibrated models to assess the optimal degree of reliance on funded pensions … importance of PAYG pensions differs. We estimate how the optimal level of unfunded, state pensions depends on rate of return and …

United Kingdom and the rest of Europe. How governments respond to shifts in saving and in the burden of state pensions is …

might be direct gainers, and which losers, from a transition to funded state pensions. We estimate what the structure of …

: a retirement account (covering pensions), an unemployment account (covering unemployment support), a human capital …

state pensions. The analysis suggests that, while the slowdown in European population growth raises some potential problems …

divorced women is growing, but their pension prospects are poor. The paper outlines current British arrangements for pensions …