Title of article :
Continuity in mechanism design without transfers
Author/Authors :
David Martimort، نويسنده , , Aggey Semenov، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2006
Abstract :
We adopt a mechanism design approach to model communication between a principal and a privately informed agent in the context where monetary incentives are not available. We provide a simple condition on the distribution of the agentʹs type which ensures that the optimal mechanism is continuous. With strict log-concavity of the distribution, there exists a unique optimal mechanism that is characterized.
Keywords :
Mechanism design without transfers , Communication
Journal title :
Economics Letters
Journal title :
Economics Letters