Incomplete Regulation, Asymmetric Information, and Collusion-Proofness
نویسندگان
چکیده
منابع مشابه
Generic efficiency and collusion-proofness in exchange economies
The purpose of this paper is to study the kind of e‰cient allocations that can be achieved in exchange economies with asymmetric information, by means of a decentralized mechanism robust to coalitional, strategic deviations. To this end, we define a new strategic equilibrium concept – called strong collusion-proof contract – designed to characterize stable communication agreements in games with...
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ژورنال
عنوان ژورنال: Economics Research International
سال: 2012
ISSN: 2090-2123,2090-2131
DOI: 10.1155/2012/818716