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Partially Verifiable Information and Mechanism Design

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  • Jerry R. Green
  • Jean-Jacques Laffont

Abstract

In a principal-agent model with adverse selection, we study the implementation of social choice functions when the agent's message space is a correspondence which depends on this true characteristic. We characterize such correspondence for which the Revelation Principle is valid.

Suggested Citation

  • Jerry R. Green & Jean-Jacques Laffont, 1986. "Partially Verifiable Information and Mechanism Design," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 53(3), pages 447-456.
    • Handle: RePEc:oup:restud:v:53:y:1986:i:3:p:447-456.
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    File URL: http://hdl.handle.net/10.2307/2297639
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