The effects of preference revelation on allocational and Pareto efficiency are studied in a multi-attribute reverse English auction. Multi-attribute reverse auctions have been proposed as market institutions for electronic request for quotation buying processes. Preference revelation is a crucial question in multi-attribute reverse auctions in terms of the efficiency of auction outcomes. Result...

We reverse the standard sequence of a complete contracting model: first the agent takes an action, then she alone observes the stochastic outcome and sends a message to the principal. Presuming of the validity of the Revelation Principle, the optimal (direct) mechanism with audit requires a two-part tariff to be offered to the agent, which weakens the ex ante incentives for effort. We then esta...

Should theological scholarship be satisfied with alreadyexisting theories about revelation and inspiration, or is there room for development of a new understanding of the way in which the Hebrew-Christian Scriptures were originated? In this article I probe the question of the ground or basis for developing a new approach to this doctrine. Further aspects of the topic will be considered in later...

This paper defends the view that philosophical propositions are merely relatively true, i.e. true relative to a doxastic perspective defined at least in part by a non-inferential belief-acquiring method. Here is the strategy: first, the primary way that contemporary philosophers defend their views is through the use of rational intuition, and this method delivers non-inferential, basic beliefs ...

Auction theory has emphasized the importance of private information to the profits of bidders. However, the theory has failed to consider the question of whether or not bidders will be able to keep their information private. We show that in a variety of contexts bidders will reveal all their information, even if this information revelation is (ex ante) detrimental to them. Similarly, a seller m...