Egalitarian equivalence under asymmetric information
نویسندگان
چکیده
منابع مشابه
Egalitarian equivalence under asymmetric information
We propose a definition of egalitarian equivalence that extends Pazner and Schmeidler’s (1978) concept to environments with incomplete information. If every feasible allocation rule can be implemented by an incentive compatible mechanism (as, for instance, in the case of non-exclusive information), then interim egalitarian equivalence and interim incentive efficiency remain compatible, as they ...
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ژورنال
عنوان ژورنال: Games and Economic Behavior
سال: 2012
ISSN: 0899-8256
DOI: 10.1016/j.geb.2011.10.005