Listar por tema "Model"
Mostrando ítems 1-2 de 2
-
Mechanism design when players’ preferences and information coincide
(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 ...