Showing 1 - 2 of 2
This paper examines the role of direct mechanisms in common agency games. We focus on pure strategies and deterministic contracts and show how the introduction of a separability condition on the preferences of the agent is sufficient for the Revelation Principle to hold in in this setting, when...
Persistent link: https://www.econbiz.de/10012735231
Persistent link: https://www.econbiz.de/10011619575