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A decision maker (DM) determines a set of reactions that receivers can choose before senders and receivers move in a generalized competitive signaling model with two-sided matching. The DM’s optimal design of the unique stronger monotone signaling equilibrium (unique D1 equilibrium) is...
Persistent link: https://www.econbiz.de/10013212814
This paper studies competing mechanism games with no restrictions on the complexity of mechanisms where principals can announce mechanisms and agents select and communicate with at most one principal. It proposes the solution concept of robust quasi ex-post equilibrium in which agents'...
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This paper provides a unified approach to equilibrium analysis in models for competing mechanisms (e.g., Szentes (2009), Yamashita (2010)), which may differ in terms of delegation of action choice, announcement of mechanisms, observability of messages, and equilibrium notions
Persistent link: https://www.econbiz.de/10013307239
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