Showing 1 - 10 of 19
Persistent link: https://www.econbiz.de/10001577458
Persistent link: https://www.econbiz.de/10001708073
We consider preference relations over information that are monotone: more information is preferred to less. We prove that, if a preference relation on information about an uncountable set of states of nature is monotone, then it is not representable by a utility function
Persistent link: https://www.econbiz.de/10014076191
Persistent link: https://www.econbiz.de/10001961985
It is well known that when players have private information, vis a vis the designer, and their preferences coincide it is hard to implement the socially desirable outcome. We show that with arbitrarily small fines and arbitrarily noisy inspections, the social choice correspondence can be fully...
Persistent link: https://www.econbiz.de/10012965288
Persistent link: https://www.econbiz.de/10012108477
Persistent link: https://www.econbiz.de/10001562604
Persistent link: https://www.econbiz.de/10003414689
Persistent link: https://www.econbiz.de/10010260035
Persistent link: https://www.econbiz.de/10003355975