class of allocation and disclosure rules, called cutoff rules, that disclose information about the buyer's type only by …

A principal uses security bid auctions to award an incentive contract to one among several agents in the presence of … call a fixed wage contract, tends to outperform all other auctions, although it is not an optimal mechanism. However, by … adding output targets to hybrid share auctions one can (arbitrary closely) implement the optimal mechanism. …

This study explores mechanism design with allocation-based social preferences. Agents' social preferences and private … such group can resolve any given allocation problem with an ex-post budget-balanced mechanism that is Bayesian incentive …

establish a revenue uniqueness result: for every dominant strategy implementable allocation rule, there is a unique payment rule …