Efficient allocations in economies with asymmetric information when the realized frequency of types is common knowledge
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DOI: 10.1007/s00199-016-0993-0
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More about this item
Keywords
Adverse selection; First-best; Full implementation; Mechanism design; Single-crossing property;All these keywords.
JEL classification:
- D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- D86 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Economics of Contract Law
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