Similar Search Results

On Sharing the Benefits of Communication

Athanasiou, Efthymios; Dey, Santanu; Valleta, Giacomo - Fondazione ENI Enrico Mattei (FEEM) - 2012

We put forward a model of private goods with externalities. Agents derive benefit from communicating with each other …

Persistent link: https://www.econbiz.de/10010555584

Market Approach to The Environment Protection and Primitive Economics

Ježek, Petr - In: Český finanční a účetní časopis 2008 (2008) 1, pp. 86-90

The publication “Market Approach to The Environment Protection” is a naughty contribution to searching acceptable economic and non-economic approach to environmental policies and human behavior towards the nature. Based on “Free Market Environmentalism” thesis the authors fail in correct...

Persistent link: https://www.econbiz.de/10011194855

Optimal Choice of Characteristics for a Non-Excludable Good

Brocas, Isabelle - C.E.P.R. Discussion Papers - 2006

I consider a model where a principal decides whether to produce one unit of an indivisible good (e.g. a private school) and which characteristics it will contain (emphasis on language or science). Agents (parents) are differentiated along two substitutable dimensions: a vertical parameter that...

Persistent link: https://www.econbiz.de/10005498112

Intra-Generational Externalities and Inter-Generational Transfers

Kolmar, Martin; Meier, Volker - CESifo - 2005

In an environment with asymmetric information the implementation of a first-best efficient Clarke-Groves-Vickrey (D’Aspremont-Gérard-Varet) mechanism may not be feasible if it has to be self-financing. By using intergenerational transfers, the arising budget deficit can generally be covered...

Persistent link: https://www.econbiz.de/10005416512

VCG mechanisms and efficient ex ante investments with externalities

Kraehmer, Daniel; Strausz, Roland - 2006

induce efficient ex ante investments even with externalities. The Vickrey second price auction does not belong to this class. …

Persistent link: https://www.econbiz.de/10005417523

original papers : Who else is bidding? The Pareto optimality of disclosing bidder identities

Varma, Gopal Das - In: Review of Economic Design 7 (2002) 2, pp. 155-171

bids become due. It is shown that when bidders experience identity dependent externalities and auction participation is …

Persistent link: https://www.econbiz.de/10005596576

Optimal Auction Design For Multiple Objects with Externalities

Skreta, Vasiliki; Figueroa, Nicolas - Society for Economic Dynamics - SED - 2005

Persistent link: https://www.econbiz.de/10005051371

An optimal auction with identity-dependent externalities

Aseff, Jorge; Chade, Hector - Econometric Society - 2004

, private information, and identity-dependent externalities. We derive the seller's optimal mechanism and characterize its main … commonly used in practice is an optimal mechanism if externalities are sufficiently large …

Persistent link: https://www.econbiz.de/10005699600

Optimal Choice of Characteristics for a non-excludable Good

Brocas, Isabelle - Institute of Economic Policy Research (IEPR), … - 2006

Persistent link: https://www.econbiz.de/10005342844

Core stable bidding rings in independent private value auctions with externalities

Biran, Omer - Volkswirtschaftliche Fakultät, … - 2011

losing bidder suffers a negative direct externality. Considering ex-ante commitments to form bidding rings we study the … ring rather than participating in the grand cartel? We show that in the presence of direct externalities between bidders … the grand coalition is not necessarily core stable, as opposed to the zero externality case, where the stability of the …

Persistent link: https://www.econbiz.de/10009211237