On take it or leave it offers in common agency
If the agent’s preference relation satisfies a strict monotonicity condition in common agency under the asymmetric information, the set of all equilibrium allocations in the menu game where menus of contracts are allowed coincides with the set of all equilibrium allocations in the single contract game where only single contracts are allowed.
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References listed on IDEAS
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- Giacomo Calzolari & Alessandro Pavan, 2007.
"Truthful Revelation Mechanisms for Simultaneous Common Agency Games,"
1458, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Alessandro Pavan & Giacomo Calzolari, 2010. "Truthful Revelation Mechanisms for Simultaneous Common Agency Games," American Economic Journal: Microeconomics, American Economic Association, vol. 2(2), pages 132-90, May.
- Alessandro Pavan & Giacomo Calzolari, 2008. "Truthful Revelation Mechanisms for Simultaneous Common Agency Games," Carlo Alberto Notebooks 85, Collegio Carlo Alberto.
- Claude, D’ASPREMONT & Rodolphe, DOS SANTOS FERREIRA, 2005.
"Oligopolistic Competition as a Common Agency Game,"
Discussion Papers (ECON - Département des Sciences Economiques)
2005018, Université catholique de Louvain, Département des Sciences Economiques.
- D’ASPREMONT, Claude & DOS SANTOS FERREIRA, Rodolphe, 2005. "Oligopolistic competition as a common agency game," CORE Discussion Papers 2005018, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- d’ASPREMONT, Claude & DOS SANTOS FERREIRA, Rodolphe, . "Oligopolistic competition as a common agency game," CORE Discussion Papers RP 2238, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Peters, Michael, 2007. "Erratum to "Negotiation and take it or leave it in common agency": [Journal of Economic Theory 111 (2003) 88-109]," Journal of Economic Theory, Elsevier, vol. 135(1), pages 594-595, July.
- Peters, Michael & Troncoso-Valverde, Cristián, 2013.
"A folk theorem for competing mechanisms,"
Journal of Economic Theory,
Elsevier, vol. 148(3), pages 953-973.
- ATTAR, Andrea & MAJUMDAR, Dipjyoti & PIASER, Gwenaêl & PORTEIRO, Nicolàs, 2003.
"Common agency games with separable preferences,"
CORE Discussion Papers
2003102, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Michael Peters, 1999.
"Common Agency and the Revelation Principle,"
peters-99-01, University of Toronto, Department of Economics.
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