Corchón, Luis; Baliga, Sandeep; Sjöström, Tomas - Instituto Valenciano de Investigaciones Económicas (IVIE) - 1995
In this paper we study a situation were the planner cannot commit to a mechanism and the outcome function is substituted by the planner herself. We assume 1) agents have complete information and play simultaneously; and 2) given the messages announced by the agents, the planner reacts in an...
