We analyze an environment with asymmetric information where a country tries to attract a multi-national corporation. The country can use both taxes and grants to meet its objective of maximizing net revenues. We show that when the country has private information it can often convey it via its...

We propose a simple mechanism that implements the Ordinal Shapley Value (Pérez-Castrillo and Wettstein 2005) for economies with three or less agents.

We propose a simple mechanism that implements the Ordinal Shapley Value (Pérez-Castrillo and Wettstein 2005) for economies with three or less agents.

We analyze an environment with asymmetric information where a country tries to attract a multi-national corporation. The country can use both taxes and grants to meet its objective of maximizing net revenues. We show that when the country has private information it can often convey it via its...