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"The foundations of incomplete contracts have been questioned using or extending the subgame perfect implementation approach of Moore and Repullo (1988). We consider the robustness of subgame perfect implementation to the introduction of small amounts of asymmetric information. We show that...
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mechanism should - in theory - provide incentives for truth-telling, many buyers in fact believe that they can increase their …
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mechanism should - in theory - provide incentives for truth-telling, many buyers in fact believe that they can increase their …
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mechanism should - in theory - provide incentives for truth-telling, many buyers in fact believe that they can increase their …
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