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Please use this identifier to cite or link to this item:
http://hdl.handle.net/10016/7024
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| Title: | Unique implementation of action profiles: necessary and sufficient conditions |
| Author(s): | Brusco, Sandro |
| Publisher: | Universidad Carlos III de Madrid. Departamento de Economía de la Empresa |
| Issued date: | Nov-1997 |
| URI: | http://hdl.handle.net/10016/7024 |
| Abstract: | We study the general problem of a principal who desires to implement a given vector of actions and pay the agents according to a given compensation scheme. Previous work has provided mechanisms for implementation in various special cases. In this paper we fully characterize the set of action proflles and compensation schemes implementable in sub game perfect equilibrium, providing necessary and sufficient conditions for implementation. |
| Serie / Nº.: | UC3M Working papers. Business Economics
97-84-15 |
| Appears in Collections: | DEE - Working Papers. Business Economics. WB
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