Policy persistence and rent extraction
نویسندگان
چکیده
منابع مشابه
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We characterize Revenue Maximizing Mechanisms in auction settings with `rich' type spaces where bidders obtain information from sources other than their own valuation. The focus of the paper is on the concept of weak Bayes-Nash implementation. By considering a relaxed problem, we provide an upper bound on Revenue Extraction that explicitly builds upon the richness of the information structure. ...
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ژورنال
عنوان ژورنال: Public Choice
سال: 2012
ISSN: 0048-5829,1573-7101
DOI: 10.1007/s11127-012-9945-9