A Note on Budget Balance under Interim Participation Constraints: The Case of Independet Types
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Tilman Börgers & Peter Norman, 2009. "A note on budget balance under interim participation constraints: the case of independent types," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 39(3), pages 477-489, June.
- Tilman Börgers & Peter Norman, 2005. "A Note on Budget Balance under Interim Participation Constraints: The Case of Independent Types," Levine's Bibliography 784828000000000171, UCLA Department of Economics.
- Borgers, Tilman & Norman, Peter, 2005. "A Note on Budget Balance under Interim Participation Constraints: The Case of Independent Types," Microeconomics.ca working papers norman-05-02-08-08-39-42, Vancouver School of Economics, revised 23 Jun 2005.
- Tilman Borgers & Peter Norman, 2005. "A Note on Budget Balance under Interim Participation Constraints: The Case of Independent Types," Levine's Bibliography 784828000000000147, UCLA Department of Economics.
References listed on IDEAS
- Neeman, Zvika, 2004.
"The relevance of private information in mechanism design,"
Journal of Economic Theory, Elsevier, vol. 117(1), pages 55-77, July.
- Zvika Neeman, 1998. "The Relevance of Private Information in Mechanism Design," Papers 0093, Boston University - Industry Studies Programme.
- Neeman, Z., 1998. "The Relevance of Private Infromation in Mechanism Design," Papers 93, Boston University - Department of Economics.
- , & , & ,, 2006.
"Optimal auctions with ambiguity,"
Theoretical Economics, Econometric Society, vol. 1(4), pages 411-438, December.
- Andreas Pape & Subir Bose & Emre Ozdenoren, 2004. "Optimal auctions with ambiguity," Econometric Society 2004 North American Summer Meetings 609, Econometric Society.
- Yeon-Koo Che & Jinwoo Kim, 2006. "Robustly Collusion-Proof Implementation," Econometrica, Econometric Society, vol. 74(4), pages 1063-1107, July.
- Myerson, Roger B. & Satterthwaite, Mark A., 1983.
"Efficient mechanisms for bilateral trading,"
Journal of Economic Theory, Elsevier, vol. 29(2), pages 265-281, April.
- Roger B. Myerson & Mark A. Satterthwaite, 1981. "Efficient Mechanisms for Bilateral Trading," Discussion Papers 469S, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- d'Aspremont, Claude & Cremer, Jacques & Gerard-Varet, Louis-Andre, 2004.
"Balanced Bayesian mechanisms,"
Journal of Economic Theory, Elsevier, vol. 115(2), pages 385-396, April.
- d'ASPREMONT, Claude & CRÉMER, Jacques & GÉRARD-VARET, Louis-André, 2002. "Balanced Bayesian mechanisms," LIDAM Discussion Papers CORE 2002048, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- D'ASPREMONT, Claude & CREMER, Jacques & GERARD-VARET, Louis-André, 2004. "Balanced Bayesian mechanisms," LIDAM Reprints CORE 1690, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Crémer, Jacques & D'Aspremont, Claude & Gérard-Varet, Louis-André, 2003. "Balanced Bayesian Mechanisms," IDEI Working Papers 196, Institut d'Économie Industrielle (IDEI), Toulouse.
- Vijay Krishna & Motty Perry, 1997. "Efficient Mechanism Design," Game Theory and Information 9703010, University Library of Munich, Germany, revised 28 Apr 1998.
- Sergei Severinov & Grigory Kosenok, 2004. "Individually Rational, Balanced-Budget Bayesian Mechanisms and the," 2004 Meeting Papers 633, Society for Economic Dynamics.
- Partha Dasgupta & Eric Maskin, 2000.
"Efficient Auctions,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 115(2), pages 341-388.
- P. Dasgupta & Eric Maskin, 1998. "Efficient Auctions," Harvard Institute of Economic Research Working Papers 1857, Harvard - Institute of Economic Research.
- Hanming Fang & Peter Norman, 2005.
"Overcoming Participation Constraints,"
Cowles Foundation Discussion Papers
1511, Cowles Foundation for Research in Economics, Yale University.
- Hanming Fang & Peter Norman, 2005. "Overcoming Participation Constraints," Cowles Foundation Discussion Papers 1511R, Cowles Foundation for Research in Economics, Yale University, revised Apr 2006.
- Fang, Hanming & Norman, Peter, 2005. "Overcoming Participation Constraints," Microeconomics.ca working papers norman-05-04-22-05-35-30, Vancouver School of Economics, revised 28 Apr 2005.
- McAfee, R Preston & Reny, Philip J, 1992. "Correlated Information and Mechanism Design," Econometrica, Econometric Society, vol. 60(2), pages 395-421, March.
- d'Aspremont, Claude & Gerard-Varet, Louis-Andre, 1979.
"Incentives and incomplete information,"
Journal of Public Economics, Elsevier, vol. 11(1), pages 25-45, February.
- d'ASPREMONT, Claude & GERARD-VARET, Louis-André, 1979. "Incentives and incomplete information," LIDAM Reprints CORE 354, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Cremer, Jacques, & Riordan, Michael H, 1985. "A Sequential Solution to the Public Goods Problem," Econometrica, Econometric Society, vol. 53(1), pages 77-84, January.
- George J. Mailath & Andrew Postlewaite, 1990. "Asymmetric Information Bargaining Problems with Many Agents," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 57(3), pages 351-367.
- Grigory Kosenokand Sergei Severinov, 2004. "Individually Rational, Balanced-Budget Bayesian Mechanisms and the Informed Principal Problem," Econometric Society 2004 North American Summer Meetings 613, Econometric Society.
- Drew Fudenberg & David K. Levine & Eric Maskin, 1996. "Balanced-Budget Mechanisms with Incomplete Information," Levine's Working Paper Archive 59, David K. Levine.
- Makowski Louis & Mezzetti Claudio, 1994. "Bayesian and Weakly Robust First Best Mechanisms: Characterizations," Journal of Economic Theory, Elsevier, vol. 64(2), pages 500-519, December.
- Eso, Peter & Futo, Gabor, 1999. "Auction design with a risk averse seller," Economics Letters, Elsevier, vol. 65(1), pages 71-74, October.
- Cremer, Jacques & McLean, Richard P, 1985. "Optimal Selling Strategies under Uncertainty for a Discriminating Monopolist When Demands Are Interdependent," Econometrica, Econometric Society, vol. 53(2), pages 345-361, March.
- Cremer, Jacques & McLean, Richard P, 1988. "Full Extraction of the Surplus in Bayesian and Dominant Strategy Auctions," Econometrica, Econometric Society, vol. 56(6), pages 1247-1257, November.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Kosenok, Grigory & Severinov, Sergei, 2008. "Individually rational, budget-balanced mechanisms and allocation of surplus," Journal of Economic Theory, Elsevier, vol. 140(1), pages 126-161, May.
- Guo, Huiyi, 2019. "Mechanism design with ambiguous transfers: An analysis in finite dimensional naive type spaces," Journal of Economic Theory, Elsevier, vol. 183(C), pages 76-105.
- Guo, Huiyi, 2024. "Collusion-proof mechanisms for full surplus extraction," Games and Economic Behavior, Elsevier, vol. 145(C), pages 263-284.
- Fieseler, Karsten & Kittsteiner, Thomas & Moldovanu, Benny, 2003.
"Partnerships, lemons, and efficient trade,"
Journal of Economic Theory, Elsevier, vol. 113(2), pages 223-234, December.
- Moldovanu, Benny & Fieseler, Karsten & Kittsteiner, Thomas, 1999. "Partnerships, Lemons and Efficient Trade," Sonderforschungsbereich 504 Publications 01-18, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.
- Fieseler, Karsten & Kittsteiner, Thomas & Moldovanu, Benny, 1999. "Partnerships, lemons and efficient trade," Papers 99-71, Sonderforschungsbreich 504.
- Fieseler, Karsten & Kittsteiner, Thomas & Moldovanu, Benny, 1999. "Partnerships, Lemons and Efficient Trade," Sonderforschungsbereich 504 Publications 99-71, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.
- Dirk Bergemann & Stephen Morris, 2012.
"Robust Mechanism Design,"
World Scientific Book Chapters, in: Robust Mechanism Design The Role of Private Information and Higher Order Beliefs, chapter 2, pages 49-96,
World Scientific Publishing Co. Pte. Ltd..
- Dirk Bergemann & Stephen Morris, 2005. "Robust Mechanism Design," Econometrica, Econometric Society, vol. 73(6), pages 1771-1813, November.
- Dirk Bergemann & Stephen Morris, 2003. "Robust Mechanism Design," Cowles Foundation Discussion Papers 1421R, Cowles Foundation for Research in Economics, Yale University, revised Apr 2004.
- Dirk Bergemann & Stephen Morris, 2003. "Robust Mechanism Design," Levine's Bibliography 666156000000000035, UCLA Department of Economics.
- Dirk Bergemann & Stephen Morris, 2003. "Robust Mechanism Design," Cowles Foundation Discussion Papers 1421, Cowles Foundation for Research in Economics, Yale University.
- Stephen Morris & Dirk Bergemann, 2004. "Robust Mechanism Design," Yale School of Management Working Papers ysm380, Yale School of Management.
- Dirk Bergemann & Stephen Morris, 2005. "Robust Mechanism Design," NajEcon Working Paper Reviews 666156000000000593, www.najecon.org.
- Claude d'Aspremont & Jacques Crémer & Louis-André Gérard-Varet, 2003.
"Correlation, independence, and Bayesian incentives,"
Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 21(2), pages 281-310, October.
- d ASPREMONT, Claude & CRÉMER, Jacques & GÉRARD-VARET, Louis-André, 2003. "Correlation, independence, and Bayesian incentives," LIDAM Discussion Papers CORE 2003045, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Miller, Nolan H. & Pratt, John W. & Zeckhauser, Richard J. & Johnson, Scott, 2007.
"Mechanism design with multidimensional, continuous types and interdependent valuations,"
Journal of Economic Theory, Elsevier, vol. 136(1), pages 476-496, September.
- Miller, Nolan & Pratt, John H. & Zeckhauser, Richard & Johnson, Scott, 2006. "Mechanism Design with Multidimensional, Continuous Types and Interdependent Valuations," Working Paper Series rwp06-028, Harvard University, John F. Kennedy School of Government.
- Philippe Jehiel & Benny Moldovanu, 2005.
"Allocative and Informational Externalities in Auctions and Related Mechanisms,"
Levine's Bibliography
784828000000000490, UCLA Department of Economics.
- Philippe Jehiel & Benny Moldovanu, 2006. "Allocative and Informational Externalities in Auctions and Related Mechanisms," Levine's Bibliography 122247000000001129, UCLA Department of Economics.
- Jehiel, Philippe & Moldovanu, Benny, 2005. "Allocative and Informational Externalities in Auctions and Related Mechanisms," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 142, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Jehiel, Philippe & moldovanu, benny, 2006. "Allocative and Informational Externalities in Auctions and Related Mechanisms," CEPR Discussion Papers 5558, C.E.P.R. Discussion Papers.
- Lopomo, Giuseppe & Rigotti, Luca & Shannon, Chris, 2022.
"Uncertainty and robustness of surplus extraction,"
Journal of Economic Theory, Elsevier, vol. 199(C).
- Giuseppe Lopomo & Luca Rigotti & Chris Shannon, 2018. "Uncertainty and Robustness of Surplus Extraction," Papers 1811.01320, arXiv.org, revised Oct 2021.
- Luca Rigotti, 2020. "Uncertainty and Robustness of Surplus Extraction," Working Paper 6902, Department of Economics, University of Pittsburgh.
- Grüner, Hans Peter, 2008. "Public goods, participation constraints, and democracy: A possibility theorem," CEPR Discussion Papers 7066, C.E.P.R. Discussion Papers.
- Lawrence M. Ausubel & Peter Cramton, 1998. "The Optimality of Being Efficient," Papers of Peter Cramton 98wpoe, University of Maryland, Department of Economics - Peter Cramton, revised 18 Jun 1999.
- Johnson, Scott & Miller, Nolan & Pratt, John W. & Zeckhauser, Richard, 2003. "Efficient Design with Multidimensional, Continuous Types, and Interdependent Valuations," Working Paper Series rwp03-020, Harvard University, John F. Kennedy School of Government.
- d'Aspremont, Claude & Cremer, Jacques & Gerard-Varet, Louis-Andre, 2004.
"Balanced Bayesian mechanisms,"
Journal of Economic Theory, Elsevier, vol. 115(2), pages 385-396, April.
- d'ASPREMONT, Claude & CRÉMER, Jacques & GÉRARD-VARET, Louis-André, 2002. "Balanced Bayesian mechanisms," LIDAM Discussion Papers CORE 2002048, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- D'ASPREMONT, Claude & CREMER, Jacques & GERARD-VARET, Louis-André, 2004. "Balanced Bayesian mechanisms," LIDAM Reprints CORE 1690, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Crémer, Jacques & D'Aspremont, Claude & Gérard-Varet, Louis-André, 2003. "Balanced Bayesian Mechanisms," IDEI Working Papers 196, Institut d'Économie Industrielle (IDEI), Toulouse.
- Sergei Severinov & Grigory Kosenok, 2004. "Individually Rational, Balanced-Budget Bayesian Mechanisms and the," 2004 Meeting Papers 633, Society for Economic Dynamics.
- Song, Yangwei, 2018. "Efficient Implementation with Interdependent Valuations and Maxmin Agents," Rationality and Competition Discussion Paper Series 92, CRC TRR 190 Rationality and Competition.
- Wolitzky, Alexander, 2016. "Mechanism design with maxmin agents: theory and an application to bilateral trade," Theoretical Economics, Econometric Society, vol. 11(3), September.
- Olivier Compte & Philippe Jehiel, 2009.
"Veto Constraint in Mechanism Design: Inefficiency with Correlated Types,"
American Economic Journal: Microeconomics, American Economic Association, vol. 1(1), pages 182-206, February.
- Olivier Compte & Philippe Jehiel, 2006. "Veto Constraint in Mechanism Design: Inefficiency with Correlated Types," Levine's Bibliography 321307000000000085, UCLA Department of Economics.
- Olivier Compte & Philippe Jehiel, 2009. "Veto Constraint in Mechanism Design: Inefficiency with Correlated Types," Post-Print halshs-00754397, HAL.
- Olivier Compte & Philippe Jehiel, 2009. "Veto Constraint in Mechanism Design: Inefficiency with Correlated Types," PSE-Ecole d'économie de Paris (Postprint) halshs-00754397, HAL.
- Song, Yangwei, 2022. "Approximate Bayesian Implementation and Exact Maxmin Implementation: An Equivalence," Rationality and Competition Discussion Paper Series 362, CRC TRR 190 Rationality and Competition.
- M. Yenmez, 2015.
"Incentive compatible market design with applications,"
International Journal of Game Theory, Springer;Game Theory Society, vol. 44(3), pages 543-569, August.
- M. Bumin Yenmez, 2009. "Incentive Compatible Market Design with Applications," GSIA Working Papers 2013-E21, Carnegie Mellon University, Tepper School of Business.
- Matsushima, Hitoshi, 2007.
"Mechanism design with side payments: Individual rationality and iterative dominance,"
Journal of Economic Theory, Elsevier, vol. 133(1), pages 1-30, March.
- Hitoshi Matsushima, 2002. "Mechanism Design with Side Payments: Individual Rationality and Iterative Dominance," CIRJE F-Series CIRJE-F-185, CIRJE, Faculty of Economics, University of Tokyo.
- Hitoshi Matsushima, 2005. "Mechanism Design with Side Payments: Individual Rationality and Iterative Dominance," CIRJE F-Series CIRJE-F-376, CIRJE, Faculty of Economics, University of Tokyo.
More about this item
JEL classification:
- D02 - Microeconomics - - General - - - Institutions: Design, Formation, Operations, and Impact
- D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mpg:wpaper:2005_14. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Marc Martin (email available below). General contact details of provider: https://edirc.repec.org/data/mppggde.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.