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Unique Implementation in Auctions and in Public Goods Problems

Author

Listed:
  • d'Aspremont, C
  • Cremer, J
  • Gerard-Varet, L-A

Abstract

We present new conditions that guarantee the existence of mechanism with a unique or essentially unique equilibrium in auction and public goods problems with quasi-linear utility functions. These conditions bear only on the information structures of the agents.

Suggested Citation

  • d'Aspremont, C & Cremer, J & Gerard-Varet, L-A, 1997. "Unique Implementation in Auctions and in Public Goods Problems," G.R.E.Q.A.M. 97a15, Universite Aix-Marseille III.
    • Handle: RePEc:fth:aixmeq:97a15
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    Cited by:

    1. Dirk Alboth & Anat Lerner & Jonathan Shalev, 2001. "Profit Maximizing in Auctions of Public Goods," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 3(4), pages 501-525, October.

    More about this item

    Keywords

    AUCTIONS; PUBLIC GOODS; INFORMATION;
    All these keywords.

    JEL classification:

    • D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods

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