English, Article, Journal or magazine article edition: Common Agency Games with Separable Preferences Gwenäel Piaser; Nicolas Porteiro; ATTAR, Andrea; ...

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Bookmark: http://trove.nla.gov.au/version/203432
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Common agency games with separable preferences
Author
  • Gwenäel Piaser
  • Nicolas Porteiro
  • ATTAR, Andrea
  • MAJUMDAR, Dipjyoti
  • PIASER, Gwenal
  • PORTEIRO, Nicolˆs
Physical Description
  • preprint
Notes
  • This paper examines the role of the direct mechanisms in common agency games. We show how the introduction of a separability condition on the preferences of the agent is sufficient for a version of the Revelation Principle to hold in finite generic games. The result goes through without imposing any restriction on the principals’ payoffs. Therefore, it is still possible to restrict attention to direct mechanisms without any loss of generality even when competition over contracts is considered.
  • Revelation Principle, Common Agency, Separable Preferences
  • RePEc:ven:wpaper:2006_28
  • This paper examines the role of the revelation principle in common agency games. We show how the introduction of a separability condition on the preferences of the agent is sufficient for the revelation principle to hold. Therefore, it is still possible to restrict attention to direct mechanisms without any loss of generality even when competition over contracts is considered.
  • RePEc:cor:louvco:2003102
Language
  • English
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