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Pure strategy and no-externalities with multiple agents : a comment

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  • ATTAR, Andrea
  • CAMPIONI, Eloisa
  • PIASER, Gwenaël
  • RAJAN, Uday

Abstract

In this note we consider a basic property of common agency models: pure strategy equilibria of games where principals compete in direct mechanisms are robust to the possibility that principals might deviate and use more complex indirect mechanisms to design their contracts. We show that this property can be generalized to multi-principal multi-agent models.

Suggested Citation

  • ATTAR, Andrea & CAMPIONI, Eloisa & PIASER, Gwenaël & RAJAN, Uday, 2004. "Pure strategy and no-externalities with multiple agents : a comment," LIDAM Discussion Papers CORE 2004050, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    • Handle: RePEc:cor:louvco:2004050
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    References listed on IDEAS

    as
    1. Michael Peters, 2003. "Pure strategy and no-externalities with multiple agents," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 23(1), pages 183-194, December.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    JEL classification:

    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design

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