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Persistent link: https://www.econbiz.de/10003953006
-- Mechanism design ; incentives ; Bayesian equilibrium ; communication networks ; encryption ; secure transmission …
Persistent link: https://www.econbiz.de/10009663611
This paper characterizes the class of communication networks for which, in any environment (utilities and beliefs … common and independent beliefs and private values or a bad outcome, we show that if the communication network is 2-connected … directly connected to the designer or indirectly connected to the designer through at least two disjoint paths. We couple …
Persistent link: https://www.econbiz.de/10003795217
This paper studies a mechanism design model where the players and the designer are nodes in a communication network. We … characterize the communication networks (directed graphs) for which, in any environment (utilities and beliefs), every incentive … implementable on a given communication network, in all environments with either common independent beliefs and private values or a …
Persistent link: https://www.econbiz.de/10011689312
The paper explores organizations designed to influence a group to choose specific alternatives from a set of possible choices. The perspective is that of an administrator that has personal objectives not shared by the group and can dictate organization but not group choice. The design works...
Persistent link: https://www.econbiz.de/10014144246
This chapter surveys the literature on strategy proofness from a historical perspective. While I discuss the connections with other works on incentives in mechanism design, the main emphasis is on social choice models.
Persistent link: https://www.econbiz.de/10014025183
This paper considers the problem faced by a political authority that has to design a legislative mechanism that guarantees the selection of policies that are stable, efficient, and inclusive in the sense of strategically protecting minority interests. Experimental studies suggest that some of...
Persistent link: https://www.econbiz.de/10012850001
I study the limits of mediated conflict resolution when: states have incentives to misrepresent private information; mediators may have limited capacity to enforce agreement; and political leaders in crisis bargaining situations are subject to domestic constraints. With a mechanism design...
Persistent link: https://www.econbiz.de/10012851251
Memory is biased. People, for instance, privilege recalling information that confirms preexisting beliefs. This paper examines how selective memory shapes how people search for information. I propose a bandit model, in which different signal are recalled at different rates of probability....
Persistent link: https://www.econbiz.de/10012892873
pool resource (CPR) experiments. The evidence indicates that in standard CPR games without communication and without … sanctioning possibilities inefficient excess appropriation is the rule. However, when communication or informal sanctions are …
Persistent link: https://www.econbiz.de/10011398786