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
Pages
8
From page
182
To page
189
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
Serial Year
2006
Journal title
Economics Letters
Record number
436064
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