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This paper studies a model of mechanism design with transfers where agents' preferences need not be quasilinear. In such a model, (1) we characterize dominant strategy incentive compatible mechanisms using a monotonicity property; (2) we establish a revenue uniqueness result: for every dominant...
Persistent link: https://www.econbiz.de/10011657364
Persistent link: https://www.econbiz.de/10012108626
This paper studies a model of mechanism design with transfers where agents' preferences need not be quasilinear. In such a model, (1) we characterize dominant strategy incentive compatible mechanisms using a monotonicity property; (2) we establish a revenue uniqueness result: for every dominant...
Persistent link: https://www.econbiz.de/10012308444
Persistent link: https://www.econbiz.de/10012204814
Persistent link: https://www.econbiz.de/10014233915
of endowment effect theory is limited to private goods. The current paper reports on an experiment which finds a …
Persistent link: https://www.econbiz.de/10003379303
Persistent link: https://www.econbiz.de/10003757037
Persistent link: https://www.econbiz.de/10011527437
We investigate whether there is a link between conditional cooperation and betrayal aversion. We use a public goods game to classify subjects by type of contribution preference and by belief about the contributions of others; and we measure betrayal aversion for different categories of subject....
Persistent link: https://www.econbiz.de/10011308480
We investigate whether there is a link between conditional cooperation and betrayal aversion. We use a public goods game to classify subjects by type of contribution preference and by belief about the contributions of others; and we measure betrayal aversion for different categories of subject....
Persistent link: https://www.econbiz.de/10011298544