We address the design of optimal mechanisms for bargaining problems subject to incomplete information on reservation values. We characterize decent rules, those that are Pareto Optimal in the constrained set of rules satisfying strategy proofness, individual rationality and weak e±ciency a condition on ex-post e±ciency. We prove that for given concave utilities of the agents, the decent rule is...

In this paper we explore the notion that players are “decent” in the sense that their choices are bounded by certain unwritten social rules. We apply this idea to problems of Bankruptcy and Implementation. JEL Classification: D78, D63

Addressing labor issues in the apparel industry is significantly important due to customers’ increasing awareness of poor working conditions and growing labor crises in apparel production locations worldwide. Decent work is a key element to achieving fair and harmonious employment, but is not always evident in global apparel production networks. This study examines the working conditions in Chi...

Internet-based services are available to recommend destinations and activities for organized trips. Only few systems support travelers when creating composite trips consisting of multiple destinations or activities. The idea in this work is to select travel regions that maximize the value of the composite trip for the user while still respecting her limitations in time and money. The value of a...