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Incentive compatibility with interdependent preferences
Journal article   Peer reviewed

Incentive compatibility with interdependent preferences

Marialaura Pesce and Nicholas C. Yannelis
International journal of economic theory, Vol.8(1), pp.87-99
03/2012
DOI: 10.1111/j.1742-7363.2011.00176.x

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Abstract

We introduce new concepts of incentive compatibility and efficiency for a differential information economy with interdependent preferences. Using the new definitions, we provide theorems on the consistency of efficiency and incentive compatibility.
Business & Economics Economics Social Sciences

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