Browsing by Author "Figueroa, Nicolás"

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    • Mechanism design when players’ preferences and information coincide 

      Caffera, Marcelo; Dubra, Juan; Figueroa, Nicolás (Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2016)
      It is well known that when players have private information, vis a vis the designer, and their preferences coincide it is hard to implement the socially desirable outcome. We show that with arbitrarily small fines and ...