Showing 1 - 10 of 11,015
Persistent link: https://www.econbiz.de/10011436667
This paper studies implementation in settings where agents take strategic actions that influence preferences. We show that such settings can arise in entry auctions for markets, and that the Vickery-Clarke-Groves Mechanism is not guaranteed to be truthful because of strategic actions. We thus...
Persistent link: https://www.econbiz.de/10014106692
Persistent link: https://www.econbiz.de/10014467230
Persistent link: https://www.econbiz.de/10011458996
Persistent link: https://www.econbiz.de/10011516553
Persistent link: https://www.econbiz.de/10013170085
Persistent link: https://www.econbiz.de/10012223989
We generalize the canonical problem of Nash implementation by allowing agents to voluntarily provide discriminatory signals, i.e. evidence. Evidence can either take the form of hard information or, more generally, have differential but non-prohibitive costs in different states. In such...
Persistent link: https://www.econbiz.de/10011690726
Persistent link: https://www.econbiz.de/10012798368
Persistent link: https://www.econbiz.de/10012876743