Showing 1 - 10 of 36
Persistent link: https://www.econbiz.de/10000998362
Persistent link: https://www.econbiz.de/10009663612
Persistent link: https://www.econbiz.de/10011549067
How should a group of people decide to allocate a task that has to be done but is not adequately rewarded? This paper finds an optimal mechanism for the private provision of a public service in an environment without monetary transfers. All members of the group have the same cost of providing...
Persistent link: https://www.econbiz.de/10011798914
Persistent link: https://www.econbiz.de/10012173899
We show that a solution to the problem of mechanism selection by an informed principal exists in a large class of environments with “generalized private values”: the agents’ payoff functions are independent of the principal’s type. The solution is an extension of Maskin and Tirole’s...
Persistent link: https://www.econbiz.de/10011689318
Persistent link: https://www.econbiz.de/10000916730
Persistent link: https://www.econbiz.de/10000944123
Persistent link: https://www.econbiz.de/10000863076
Persistent link: https://www.econbiz.de/10000933774