This paper considers prior-independent mechanism design, namely identifying a single mechanism that has near optimal performance on every prior distribution. We show that mechanisms with truthtelling equilibria, a.k.a., revelation mechanisms, do not always give optimal priorindependent mechanisms and we define the revelation gap to quantify the non-optimality of revelation mechanisms. This stud...

this paper has studied motahari's point of view  on the divine revelation as a methodological problem. in islamic philosophers' point of view, divine revelation is result of :union: of prophet and active intellect. they consider the divine revelation as knowledge and emphasize its cognitive identity. on the other hand, some scholars reduce the divine revelation to tendencies and empha...

IE:;, r: ~;-, {fSinceits arrival on the public finance scene some 50 years ago, the Tiebout ~!inodel has played a strikingly diverse range of roles. Indeed, it appears, in ~important ways, to mean different things to different people. The mod~l has ~peen employed as everything from an algorithm for the resolution of the basic Jpreference-revelation problem in the theory of public goods to a des...

I study a simple model of moral hazard with soft information. The risk-averse agent takes an action and she alone observes the stochastic outcome; hence the principal faces a problem of ex post adverse selection. Some measure of truthful revelation is necessary to implement any effort, for which an audit is required. And for effort to be induced the agent must be offered a rent. There exists a ...

The handiwork and the glory of God displayed by the heavens and the firmament have been called General Divine Revelation. In this category one may also include the constitution of human personality, for man himself is a creation of God and in some sense bears the marks of his Creator. This “light of nature and the works of creation and providence do so far manifest the goodness, wisdom, and pow...