Similar Search Results

Nöldeke, Georg; Samuelson, Larry - 2015

underlying implementation duality. We show how this duality can be used to obtain a sharpening of the taxation principle, to …

Persistent link: https://www.econbiz.de/10010499578

The implementation duality

Nöldeke, Georg; Samuelson, Larry - 2015

Persistent link: https://www.econbiz.de/10010503462

A theory of threshold contracts

Becker, Johannes Gerd; Gersbach, Hans - 2013 - This version: August 2013

We consider an in nitely repeated reappointment game in a principal- agent relationship. Typical examples are voter-politician or government- public servant relationships. The agent chooses costly effort and enjoys being in office until he is deselected. The principal observes a noisy signal of...

Persistent link: https://www.econbiz.de/10010221102

Strategic schools under the Boston mechanism revisited

Bó, Inácio; Heller, C.-Philipp - 2016

We show that Ergin & Sönmez's (2006) results which show that for schools it is a dominant strategy to truthfully rank the students under the Boston mechanism, and that the Nash equilibrium outcomes in undominated strategies of the induced game are stable, rely crucially on two assumptions....

Persistent link: https://www.econbiz.de/10011473711

A complete characterization of equilibria in an intrinsic common agency screening game

Martimort, David; Semenov, Aggey; Stole, Lars A. - In: Theoretical economics : TE ; an open access journal in … 13 (2018) 3, pp. 1151-1189

We characterize the complete set of equilibrium allocations to an intrinsic common agency screening game as the set of solutions to self-generating optimization programs. We provide a complete characterization of equilibrium outcomes for regular environments by relying on techniques developed...

Persistent link: https://www.econbiz.de/10011937306

(Interim) Bayesian efficiency implies two-agent Bayesian implementation

Korpela, Ville - 2020

We study the relationship between two-agent implementation problems and the notionof interim efficiency due to …, Bayesianefficiency, and show that it is sufficient for implementation of social choice functions.We also show that this condition is … sufficient for implementation of social choice setsunder a weak domain restriction - in particular, no economic condition is …

Persistent link: https://www.econbiz.de/10012852742

Learning by matching

Chen, Yi-chun; Hu, Gaoji - In: Theoretical economics : TE ; an open access journal in … 15 (2020) 1, pp. 29-56

This paper studies a stability notion and matching processes in the job market with incomplete information on the workers' side. Each worker is associated with a type, and each firm cares about the type of her employee under a match. Moreover, firms' information structure is described by...

Persistent link: https://www.econbiz.de/10012159014

A theory of stability in many-to-many matching markets

Echenique, Federico; Oviedo, Jorge - In: Theoretical economics : TE ; an open access journal in … 1 (2006) 2, pp. 233-273

We develop a theory of stability in many-to-many matching markets. We give conditions under which the setwise-stable set, a core-like concept, is nonempty and can be approached through an algorithm. The usual core may be empty. The setwise-stable set coincides with the pairwise-stable set and...

Persistent link: https://www.econbiz.de/10011703024

Identification in matching games

Fox, Jeremy T. - In: Quantitative economics : QE ; journal of the … 1 (2010) 2, pp. 203-254

I study a many-to-many, two-sided, transferable utility matching game. Consider data on matches or relationships between agents but not on the choice set of each agent. I investigate what economic parameters can be learned from data on equilibrium matches and agent characteristics. Features of a...

Persistent link: https://www.econbiz.de/10011754942

Assignment games with externalities and matching-based Cournot competition

Chen, Bo - 2013

We develop a model of assignment games with pairwise-identitydependent externalities. A concept of conjectural equilibrium is proposed, and the universal conjecture is shown to be the necessary and sufficient condition for the general existence of equilibrium. We then apply the solution concept...

Persistent link: https://www.econbiz.de/10010191642

1
2
3
4
5
6
7
8
9
10
Next
Last