Arbeitspapier
A note on budget balance under interim participation constraints: the case of independent types
We provide a simple proof of the equivalence between ex ante and ex post budget balance constraints in Bayesian mechanism design with independent types when participation decisions are made at the interim stage. The result is given an interpretation in terms of efficient allocation of risk.
- Language
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Englisch
- Bibliographic citation
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Series: Preprints of the Max Planck Institute for Research on Collective Goods ; No. 2005,14
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Börgers, Tilman
Norman, Peter
- Event
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Veröffentlichung
- (who)
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Max Planck Institute for Research on Collective Goods
- (where)
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Bonn
- (when)
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2005
- Handle
- Last update
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10.03.2025, 11:45 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Börgers, Tilman
- Norman, Peter
- Max Planck Institute for Research on Collective Goods
Time of origin
- 2005
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