Mediated Contracts and Mechanism Design

Arbeitspapier

This note relates the mechanisms that are based on mediated contracts of Rahman and Obara (2010) to the mechanisms of Myerson (1982). It shows that the mechanisms in Myerson (1982) are more general in that they encompass the mechanisms based on mediated contracts. It establishes an equivalence between the two classes if mediated contracts are allowed to be stochastic.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: SFB/TR 15 Discussion Paper ; No. 322

Classification and Topics

• Classification: Wirtschaft
• Subject: mediatedcontract ; mechanismdesign ; revelationprinciple ; moralhazard ; Vertragstheorie ; Mechanismus-Design-Theorie ; Mediation ; Offenbarte Präferenzen ; Moral Hazard ; Theorie

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Strausz, Roland
• Event: Veröffentlichung
• (who): Sonderforschungsbereich/Transregio 15 - Governance and the Efficiency of Economic Systems (GESY)
• (where): München
• (when): 2010

Further information

• DOI: doi:10.5282/ubm/epub.13232
• Handle: http://hdl.handle.net/10419/93844
• URN: urn:nbn:de:bvb:19-epub-13232-8
• Last update: 10.03.2025, 11:45 AM CET