A planner chooses an allocation of a divisible resource and charges agents based on their reported type. We discover and describe the set of dominant-strategy incentive-compatible (strategy-proof) mechanisms when the planner has the ability to observe the true type of agents ex-post and punish...

In this paper, we utilize the Diebold-Yilmaz Connectedness Index framework to investigate the industry volatility network based on industry portfolios from 1927 to 2020. Systemwide volatility connectedness fluctuates significantly in the sample. The static analysis shows the industry of durable...