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On take it or leave it offers in common agency

  • Han, Seungjin

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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File URL: http://www.sciencedirect.com/science/article/pii/S0165176512004338
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Article provided by Elsevier in its journal Economics Letters.

Volume (Year): 117 (2012)
Issue (Month): 3 ()
Pages: 777-781

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Handle: RePEc:eee:ecolet:v:117:y:2012:i:3:p:777-781
Contact details of provider: Web page: http://www.elsevier.com/locate/ecolet

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  1. 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.
  2. Giacomo Calzolari & Alessandro Pavan, 2007. "Truthful Revelation Mechanisms for Simultaneous Common Agency Games," Discussion Papers 1458, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  3. Peters, Michael & Troncoso-Valverde, Cristián, 2013. "A folk theorem for competing mechanisms," Journal of Economic Theory, Elsevier, vol. 148(3), pages 953-973.
  4. Michael Peters, 1999. "Common Agency and the Revelation Principle," Working Papers peters-99-01, University of Toronto, Department of Economics.
  5. Attar Andrea & Gwenäel Piaser & Nicolas Porteiro, 2006. "Common Agency Games with Separable Preferences," Working Papers 2006_28, Department of Economics, University of Venice "Ca' Foscari".
  6. 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.
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