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Persistent link: https://www.econbiz.de/10008486633
both exact and virtual mixed implementation. For exact implementation, we identify a strengthening of Bayesian monotonicity …, which we refer to as mixed Bayesian monotonicity. It is shown that, in economic environments with at least three agents …, mixed Bayesian implementation is equivalent to mixed Bayesian monotonicity, incentive compatibility and closure. For …
Persistent link: https://www.econbiz.de/10008486867
We introduce two new monotonicity properties for core concepts: single-valued solution concepts that always select a …
Persistent link: https://www.econbiz.de/10008643722
examined and its monotonicity is investigated. Some of the results presented here are general and would be useful in studying …
Persistent link: https://www.econbiz.de/10005199476
By building and solving numerical models of the parts supply problems (an example of the adverse selection problems), and analyzing various issues of the contract theory, we demonstrate the benefits of the numerical approach. First, this approach facilitates the understanding of the contract...
Persistent link: https://www.econbiz.de/10010891717
propose a monotonicity axiom requiring that the degree of association should increase after shifting mass from cells of a …
Persistent link: https://www.econbiz.de/10010894990
Persistent link: https://www.econbiz.de/10014443132
Instrumental variables estimators typically must satisfy monotonicity conditions to be interpretable as capturing local … average treatment effects. Building on previous research that suggests monotonicity is unlikely to hold in the context of … impact on monotonicity bias of bandwidth selection in regression discontinuity (RD) designs, finding that "full sample …
Persistent link: https://www.econbiz.de/10014557634
Persistent link: https://www.econbiz.de/10014543929
Instrumental variables estimators typically must satisfy monotonicity conditions to be interpretable as capturing local … average treatment effects. Building on previous research that suggests monotonicity is unlikely to hold in the context of … impact on monotonicity bias of bandwidth selection in regression discontinuity (RD) designs, finding that "full sample …
Persistent link: https://www.econbiz.de/10015045450