Implementation with renegotiation when preferences and feasible sets are state dependent
✍ Scribed by Luis Corchón; Matteo Triossi
- Publisher
- Springer
- Year
- 2010
- Tongue
- English
- Weight
- 246 KB
- Volume
- 36
- Category
- Article
- ISSN
- 0176-1714
No coin nor oath required. For personal study only.
📜 SIMILAR VOLUMES
The authors thank Robert Brooks, Christian Gollier, and two anonymous referees for helpful comments on an earlier draft of this article. 'Readers well-versed in economics will recognize this as nothing more than viewing the indirect utility function with prices suppressed. In other words, utility o
This paper considers the problem of implementation for exchange economies with state dependent feasible sets. Agents are assumed to have private information about their endowments. We provide necessary and sufficient conditions for social choice rules that are Bayesian implementable by feasible mech