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allocation rule. -- Dominant Strategy ; Farkas Lemma ; Combinatorial Auctions …
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The property of an allocation rule to be implementable in dominant strategies by a unique payment scheme is called …
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I illustrate that the welfare improvement property of the Melitz model is due to the shape of the aggregate labor demand curve, which slopes upwards. By slightly changing some assumptions in the model, this curve may have a negative slope. In this case, increases in aggregate productivity result...
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