Showing 1 - 10 of 22
Persistent link: https://www.econbiz.de/10003409778
Persistent link: https://www.econbiz.de/10012123483
Persistent link: https://www.econbiz.de/10011619421
Persistent link: https://www.econbiz.de/10011692492
Persistent link: https://www.econbiz.de/10002240160
Persistent link: https://www.econbiz.de/10001465029
Persistent link: https://www.econbiz.de/10012179485
Persistent link: https://www.econbiz.de/10010460122
This paper characterizes the equilibrium sets of an intrinsic common agencygame with discrete types and direct revelation mechanisms. After presentinga general algorithm to find the pure-strategy equilibria of this game, we use itto characterize these equilibria when the two principals control...
Persistent link: https://www.econbiz.de/10011400396
In the context of common agency adverse-selection games weillustrate that the revelation principle cannot be applied to studyequilibria of the multi-principal games. We then demonstrate thatan extension of the taxation principle what we term the delegation principle can be used to characterize...
Persistent link: https://www.econbiz.de/10011400675