Common Agency and the Revelation Principle
Common Agency and the Revelation Principle
复制标题
共同代理和启示原则
DOI:
10.1111/1468-0262.00245
复制
发表时间:
2001
期刊:
影响因子:
6.1
通讯作者:
Michael Peters
中科院分区:
文献类型:
--
作者:
Michael Peters
In the common agency problem multiple mechanism designer simultaneously attempt to control the behavior of a single privately informed agent. The paper shows that the allocations associated with equilibria relative to any ad hoc set of fessible mechanisms can be reproduce as equilibria relative to (some subset of) the set of menus. Furthermore, equilibria relative to the set of menus are weakly robust in the sense that it is possible to find continuation equilibria so that the equilibrium allocations persist even when the set of feasible mechanisms is enlarged.
影响因子:
6.1
作者:
KLEMPERER, PD;MEYER, MA
通讯作者:
MEYER, MA