Optimal allocation with costly verification

American Economic Review

Volumn 104, Issue 12, 2014, Pages 3779-3813

  Ben Porath, Elchanan ^a   Dekel, Eddie ^b   Lipman, Barton L ^c  

^a HEBREW UNIVERSITY OF JERUSALEM   (Israel)

^b NORTHWESTERN UNIVERSITY   (United States)

^c USA   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84916920380     PISSN: 00028282     EISSN: 19447981     Source Type: Journal    
DOI: 10.1257/aer.104.12.3779     Document Type: Article

References (24)

1. Abdulkadiroʇlu, Atila, and Tayfun Sönmez. 2013. "Matching Markets: Theory and Practice." In Advances in Economics and Econometrics: Tenth World Congress, Vol. 1, edited by Daron Acemoglu, Manuel Arellano, and Eddie Dekel, 3-47. New York: Cambridge University Press.
2. Ambrus, Attila, and Georgy Egorov. 2012. "Delegation and Nonmonetary Incentives." Unpublished.
3. Banerjee, Abhijit, Rema Hanna, and Sendhil Mullainathan. 2013. "Corruption." In Handbook of Organizational Economics, edited by Robert Gibbons and John Roberts, 1109-47. Princeton: Princeton University Press.
4. Ben-Porath, Elchanan, and Barton L. Lipman. 2012. "Implementation with Partial Provability." Journal of Economic Theory 147 (5): 1689-1724.
5. Border, Kim C., and Joel Sobel. 1987. "Samurai Accountant: A Theory of Auditing and Plunder." Review of Economic Studies 54 (4): 525-40.
6. Bull, Jesse, and Joel Watson. 2007. "Hard Evidence and Mechanism Design." Games and Economic Behavior 58 (1): 75-93.
7. Chakravarty, Surajeet, and Todd R. Kaplan. 2013. "Optimal Allocation without Transfer Payments." Games and Economic Behavior 77 (1): 1-20.
8. Condorelli, Daniele. 2012. "What Money Can't Buy: Efficient Mechanism Design with Costly Signals." Games and Economic Behavior 75 (2): 613-24.
9. Deneckere, Raymond, and Sergei Severinov. 2008. "Mechanism Design with Partial State Verifiability." Games and Economic Behavior 64 (2): 487-513.
10. Doval, Laura. 2013. "Whether or Not to Open Pandora's Box." Northwestern University, Kellogg School of Management, Center for Mathematical Studies in Economics and Management Science Discussion Paper 1574.
11. Gale, Douglas, and Martin Hellwig. 1985. "Incentive-Compatible Debt Contracts: The One-Period Problem." Review of Economic Studies 52 (4): 647-63.
12. Glazer, Jacob, and Ariel Rubinstein. 2004. "On Optimal Rules of Persuasion." Econometrica 72 (6): 1715-36.
13. Glazer, Jacob, and Ariel Rubinstein. 2006. "A Study in the Pragmatics of Persuasion: A Game Theoretical Approach." Theoretical Economics 1 (4): 395-410.
14. Green, Jerry R., and Jean-Jacques Laffont. 1986. "Partially Verifiable Information and Mechanism Design." Review of Economic Studies 53 (3): 447-56.
15. Hartline, Jason D., and Tim Roughgarden. 2008. "Optimal Mechanism Design and Money Burning." In Proceedings of the Fortieth Annual ACM Symposium on Theory of Computing, 75-84. New York: ACM.
16. Kartik, Navin, and Olivier Tercieux. 2012. "Implementation with Evidence." Theoretical Economics 7 (2): 323-55.
17. McAfee, R. Preston, and John McMillan. 1992. "Bidding Rings." American Economic Review 82 (3): 579-99.
18. Mookherjee, Dilip, and Ivan Png. 1989. "Optimal Auditing, Insurance, and Redistribution." Quarterly Journal of Economics 104 (2): 399-415.
19. Roth, Alvin E., and Marilda A. Oliveira Sotomayor. 1990. Two-Sided Matching: A Study in Game-Theoretic Modeling and Analysis. New York: Cambridge University Press.
20. Sher, Itai, and Rakesh Vohra. 2011. "Price Discrimination through Communication." Northwestern University, Kellogg School of Management, Center for Mathematical Studies in Economics and Management Science Discussion Paper 1536.
21. Townsend, Robert M. 1979. "Optimal Contracts and Competitive Markets with Costly State Verification." Journal of Economic Theory 21 (2): 265-93.
22. Townsend, Robert M. 1988. "Information Constrained Insurance: The Revelation Principle Extended." Journal of Monetary Economics 21 (2-3): 411-50.
23. Weitzman, Martin L. 1979. "Optimal Search for the Best Alternative." Econometrica 47 (3): 641-54.
24. Yoon, Kiho. 2011. "Optimal Mechanism Design when Both Allocative Inefficiency and Expenditure Inefficiency Matter." Journal of Mathematical Economics 47 (6): 670-76.