Collective decision through an informed mediator

Y Li, X Zhang - Journal of Economic Theory, 2024 - Elsevier
An imperfectly informed mediator (or mechanism designer) must make a decision on behalf
of a group of agents, who are privately informed about their valuations attached to the …

Collusion-proof mechanisms for full surplus extraction

H Guo - Games and Economic Behavior, 2024 - Elsevier
The paper examines information structures that can guarantee full surplus extraction via
collusion-proof mechanisms. Our collusion-proofness notion requires that there does not …

On the political economy of nonlinear income taxation

M Berliant, M Gouveia - 2024 - mpra.ub.uni-muenchen.de
The literatures dealing with voting, optimal income taxation, implementation, and pure public
goods are drawn on here to address the problem of voting over income taxes to finance a …

Robust auctions with affiliated private values

Y Song - Review of Economic Design, 2024 - Springer
We study auctions in an affiliated private value framework in which buyers face ambiguity
over the distribution of the others' valuations and make choices that are robust to that …

Information aggregation in large collective purchases

I Arieli, M Koren, R Smorodinsky - Economic Theory, 2024 - Springer
Society uses the following mechanism to decide on the supply of an experience good. Each
agent can choose whether or not to contribute to the good. Contributions are collected, and …

Implications of uncertainty for optimal policies

T Lensman, M Troshkin - Journal of Economic Theory, 2022 - Elsevier
We study the implications of ambiguity for optimal fiscal policy in macro public finance
environments with heterogeneous agents and private idiosyncratic shocks. We describe …

Auction design with ambiguity: Optimality of the first-price and all-pay auctions

S Baik, SH Hwang - arXiv preprint arXiv:2110.08563, 2021 - arxiv.org
We study the optimal auction design problem when bidders' preferences follow the maxmin
expected utility model. We suppose that each bidder's set of priors consists of beliefs close …

Approximate Bayesian implementation and exact maxmin implementation: An equivalence

Y Song - Games and Economic Behavior, 2023 - Elsevier
This paper provides a micro-foundation for approximate incentive compatibility using
ambiguity aversion. In particular, we propose a novel notion of approximate interim incentive …

[图书][B] Three Essays on Economic Theory

J Park - 2022 - search.proquest.com
This dissertation contributes to the field of mechanism design and, in particular, to the study
of robust mechanisms, which concerns the construction of allocation mechanisms that …

Collective Decision Through an Informed Designer

Y Li, X Zhang - Available at SSRN 3761473, 2022 - papers.ssrn.com
A mechanism designer must make a decision on behalf of a group of agents, who are
privately informed about their valuations attached to the decision. The designer is …