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This paper makes three contributions: (1) A competitive revelation principle for contracting games in which several principals compete for one privately informed agent. Specifically, given any profile of incentive compatible indirect contracting mechanisms, there exists an incentive compatible...
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opportunities have been introduced. Dana, Le Van and Magnien [JET.87(1999)169] appeal to the condition of compactness of the … this note, we add to the conclusion of Dana, Le Van and Magnien [JET.87(1999)169] that inconsequential arbitrage implies …
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opportunities have been introduced. Dana, Le Van and Magnien [JET.87(1999)169] appeal to the condition of compactness of the … this note, we add to the conclusion of Dana, Le Van and Magnien [JET.87(1999)169] that inconsequential arbitrage implies …
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