We consider a general multi-principal multi-agent contracting game in a complete-information supply-chain setting and determine coordinating equilibrium transfer schedules in closed form. The resulting contracts manage to align incentives for decentralized decision-making and achieve first-best...

We consider a general screening model with payoff externalities and type-dependent feasibility constraints. The principal can design contract instruments of arbitrary dimension to influence each agent's valuation of the proposed transaction, which also depends on the anticipated choice of other...

We consider a general scheme to construct Bayesian incentive compatible mechanisms using a suitable 'variable mechanism parametrization.' The key idea is to perturb a given direct mechanism, which might not be truth revealing, introducing sufficient variability as a function of agents'...