Universität zu Köln

Goeree, Jacob K. and Kushnir, Alexey ORCID: 0000-0001-8730-4071 (2016). Reduced form implementation for environments with value interdependencies. Games Econ. Behav., 99. S. 250 - 257. SAN DIEGO: ACADEMIC PRESS INC ELSEVIER SCIENCE. ISSN 1090-2473

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Abstract

We provide a unified and simple treatment of reduced-form implementation for general social choice problems and extend it to environments with value interdependencies. We employ the geometric approach developed by Goeree and Kushnir (2016) to characterize the set of feasible interim agent values (agent utilities excluding transfers) by deriving the analytical expression of its support function. As an application, we use the reduced form implementation to analyze second-best mechanisms in environments with value interdependencies. (C) 2016 Elsevier Inc. All rights reserved.

Item Type:	Journal Article
Creators:	Creators Email ORCID ORCID Put Code Goeree, Jacob K. UNSPECIFIED UNSPECIFIED UNSPECIFIED Kushnir, Alexey UNSPECIFIED orcid.org/0000-0001-8730-4071 UNSPECIFIED
URN:	urn:nbn:de:hbz:38-263663
DOI:	10.1016/j.geb.2016.08.008
Journal or Publication Title:	Games Econ. Behav.
Volume:	99
Page Range:	S. 250 - 257
Date:	2016
Publisher:	ACADEMIC PRESS INC ELSEVIER SCIENCE
Place of Publication:	SAN DIEGO
ISSN:	1090-2473
Language:	English
Faculty:	Unspecified
Divisions:	Unspecified
Subjects:	no entry
Uncontrolled Keywords:	Keywords Language DOMINANT-STRATEGY IMPLEMENTATION; AUCTIONS; BUYERS; DESIGN Multiple languages Economics Multiple languages
Refereed:	Yes
URI:	http://kups.ub.uni-koeln.de/id/eprint/26366