Showing 1 - 2 of 2
This paper studies a robust version of the classic surplus extraction problem, in which the designer knows only that the beliefs of each type belong to some set, and designs mechanisms that are suitable for all possible beliefs in that set. We derive necessary and sufficient conditions for full...
Persistent link: https://www.econbiz.de/10012908507
Persistent link: https://www.econbiz.de/10013193311