We examine the social desirability of learning about the regulated agent in a generalized principal-agent model with incomplete information. An interesting result we obtain is that there are situations in which the agent prefers a Bayesian regulator to have more, yet incomplete, information...

It is known that the core of a housing market always exists and contains a unique matching when agents have independent preferences. We show that when preferences of agents are interdependent, there are housing markets with an empty core as well as housing markets with a core containing more...