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Ambiguity aversion solves the conflict between efficiency and incentive compatibility

Castro, Luciano De; Yannelis, Nicholas C. - 2011

Persistent link: https://www.econbiz.de/10009373483

Ambiguity aversion solves the conflict between efficiency and incentive compatibility

Castro, Luciano I. de; Yannelis, Nicholas C. - 2010 - This Version: December 2010

The conflict between Pareto optimality and incentive compatibility, that is, the fact that some Pareto optimal (efficient) allocations are not incentive compatible is a fundamental fact in information economics, mechanism design and general equilibrium with asymmetric information. This important...

Persistent link: https://www.econbiz.de/10009237124

Efficiency and incentive compatibility in differential information economies

Hahn, Guangsug; Yannelis, Nicholas C. - In: Differential information economies, (pp. 249-277). 2005

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Efficiency and incentive compatibility in differential information economies

Hahn, Guangsug - In: Economic theory : official journal of the Society for … 10 (1997) 3, pp. 383-411

Persistent link: https://www.econbiz.de/10001226774

Uncertainty, efficiency and incentive compatibility : ambiguity solves the conflict between efficiency and incentive compatibility

Castro, Luciano I. de; Yannelis, Nicholas C. - In: Journal of economic theory 177 (2018), pp. 678-707

Persistent link: https://www.econbiz.de/10012025741

Equilibria and incentives in private information economies

Sun, Xiang; Sun, Yeneng; Wu, Lei; Yannelis, Nicholas C. - In: Journal of economic theory 169 (2017), pp. 474-488

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Stable sets for asymmetric information economies

Graziano, Maria Gabriella; Meo, Claudia; Yannelis, … - In: International journal of economic theory 11 (2015) 1, pp. 137-154

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Equilibrium theory with asymmetric information and with infinitely many commodities

Podczeck, Konrad; Yannelis, Nicholas C. - In: Journal of economic theory 141 (2008) 1, pp. 152-183

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On non-revealing rational expectations equilibrium

Glycopantis, Dionysius; Muir, Allan; Yannelis, Nicholas C. - In: Economic theory : official journal of the Society for … 38 (2009) 2, pp. 351-369

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Bayesian-Walrasian equilibria : beyond the rational expectations equilibrium

Balder, Erik J.; Yannelis, Nicholas C. - In: Economic theory : official journal of the Society for … 38 (2009) 2, pp. 385-397

Persistent link: https://www.econbiz.de/10003783166