Uncertainty, efficiency and incentive compatibility: ambiguity solves the conflict between efficiency and incentive compatibility (Q1622382)
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| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Uncertainty, efficiency and incentive compatibility: ambiguity solves the conflict between efficiency and incentive compatibility |
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Uncertainty, efficiency and incentive compatibility: ambiguity solves the conflict between efficiency and incentive compatibility (English)
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19 November 2018
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asymmetric information
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ambiguity aversion
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incentive compatibility
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mechanism design
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first-best
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second-best
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