This review summarizes a nascent body of theoretical research on design of incentives
when the environment is not fully known to the designer and offers some general lessons …

In this survey article, we report results on the existence of pure-strategy Nash equilibria in
games with an atomless continuum of players, each with an action set that is not necessarily …

This book provides a framework for thinking about economic instiutions such as firms. The
basic idea is that institutions arise in situations where people write incomplete contracts and …

Environments with public goods are a wonderful playground for those interested in delicate
experimental problems, serious theoretical challenges, and difficult mechanism design …

I owe a great deal to Professor Moses Abramovitz who suggested that I write this article. I
appreciate his constant encouragement and guidance which aided me throughout its …

Книга профессоров Стэнфордского университета Пола Милгрома и Джона Робертса
впервые увидела свет в 1992 году и почти сразу была признана классической в …

The appropriate federal structure of government is now a policy issue of major debate. This
paper identifies three approaches and compares their strengths and weaknesses. Economic …

Under central planning, many firms relied on a single supplier for critical inputs. Transition
has led to decentralized bargaining between suppliers and buyers. Under incomplete …

Standard economic intuition would say that private provision of public goods will be
inefficient due to free-rider problems. This view is in contrast to the results in the literature on …

In global environmental problems, each country's own contribution to worldwide emissions
is small, so there is little a country can do by itself. To solve global environmental problems …