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The unique informational efficiency of the competitive mechanism in economies with production

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  • Guoqiang Tian

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File URL: http://hdl.handle.net/10.1007/s00355-005-0056-0
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Bibliographic Info

Article provided by Springer in its journal Social Choice and Welfare.

Volume (Year): 26 (2006)
Issue (Month): 1 (January)
Pages: 155-182

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Handle: RePEc:spr:sochwe:v:26:y:2006:i:1:p:155-182

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References

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  1. Hurwicz, Leonid, 1973. "The Design of Mechanisms for Resource Allocation," American Economic Review, American Economic Association, vol. 63(2), pages 1-30, May.
  2. Hurwicz, Leonid, 1979. "On allocations attainable through Nash equilibria," Journal of Economic Theory, Elsevier, vol. 21(1), pages 140-165, August.
  3. Stefan Reichelstein & Stanley Reiter, 1985. "Game Forms with Minimal Strategy Spaces," Discussion Papers 663, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  4. Kenneth Mount & Stanley Reiter, 1973. "The Informational Size of Message Spaces," Discussion Papers 3, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  5. Xavier Calsamiglia & Alan Kirman, 1991. "A unique informationally efficient and decentralized mechanism with fair outcomes," Economics Working Papers 7, Department of Economics and Business, Universitat Pompeu Fabra.
  6. Eric Maskin, 1998. "Nash Equilibrium and Welfare Optimality," Harvard Institute of Economic Research Working Papers 1829, Harvard - Institute of Economic Research.
  7. Walker, Mark, 1977. "On the informational size of message spaces," Journal of Economic Theory, Elsevier, vol. 15(2), pages 366-375, August.
  8. Takashi Ishikida & Thomas Marschak, 1996. "Mechanisms that efficiently verify the optimality of a proposed action," Review of Economic Design, Springer, vol. 2(1), pages 33-68, December.
  9. Hurwicz, Leonid, 1999. " Revisiting Externalities," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 1(2), pages 225-45.
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Cited by:
  1. Tian, Guoqiang & Meng, Dawen, 2011. "Multi-task Incentive Contract and Performance Measurement with Multidimensional Types," MPRA Paper 41152, University Library of Munich, Germany.

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