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A popular view in Russian studies argues that underdevelopment of Russian civil society is partly responsible for the failure of liberal idea in Russia. The fragmented society may see no alternative to massive government regulation, which is why support for a strong state is so high. If this...
Persistent link: https://www.econbiz.de/10010717751
We study a multidimensional screening problem with minimal restrictions on valuations. Our ?-relaxation of the constraints excludes bunching and cycles in the graph of active incentive-compatibility constraints. Therefore, the Lagrange multipliers do exist and enable us in characterizing...
Persistent link: https://www.econbiz.de/10011098912