Continuity in mechanism design without transfers


We adopt a mechanism design approach to model communication between a principal and a privately informed agent in the context where monetary incentives are not available. We provide a simple condition on the distribution of the agent's type which ensures that the optimal mechanism is continuous. With strict log-concavity of the distribution, there exists a unique optimal mechanism that is characterized

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oai:dial.uclouvain.be:boreal:23744Last time updated on 5/14/2016

This paper was published in DIAL UCLouvain.

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