Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10009266938
This paper studies efficient partnership dissolution with ex post participation constraints in a setting with interdependent valuations. We derive a sufficient condition that ensures the existence of an efficient dissolution mechanism that satisfies Bayesian incentive compatibility, ex post...
Persistent link: https://www.econbiz.de/10012718977
We consider the efficient allocation of a single good with interdependent values in a quasi-linear environment. We present an approach to modelling interdependent preferences distinguishing between "payoff types" and "belief types" and report a characterization of when the efficient allocation...
Persistent link: https://www.econbiz.de/10013112195
Persistent link: https://www.econbiz.de/10009705148
Persistent link: https://www.econbiz.de/10009422395