Showing 1 - 3 of 3
Persistent link: https://www.econbiz.de/10005159760
Persistent link: https://www.econbiz.de/10005160168
We study mechanism design problems in quasi-linear environments where the envelope theorem and revenue equivalence principle fail due to non-convex and non-differentiable valuations. We obtain a characterization of incentive compatibility based on the Mirrlees representation of the indirect...
Persistent link: https://www.econbiz.de/10010616896