We characterize the efficiency space of deterministic, dominant-strategy incentive compatible, individually rational and Pareto-optimal combinatorial auctions in a model with two players and k nonidentical items. We examine a model with multidimensional types, private values and quasilinear...

In transition economies, capital structure decisions are not driven from the market, but on farmers’ expectations to receive financial support from the government. These observations raise the necessity for empirical evidences for RM on whether agricultural support programs, affecting capital...