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The ex ante incentive compatible core of an exchange economy with private information is the (standard) core of a socially designed characteristic function, which expresses the fact that coalitions allocate goods by means of random incentive compatible mechanisms. We first survey some results in...
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-operative strategy. The present work focuses on two obstacles to co-operation that are linked with the incentives of the economic agents … design and financial incentives. The overall message is the importance of identifying the source of co-operation failure in … should co-operate because it is in their interest, it is necessary to identify the incentives that shape agents’ decisions …
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Social interactions provide a set of incentives for regulating individual behavior. Chief among these is stigma, the …
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