A note on optimal allocation with costly verification

被引:1
|
作者
Erlanson, Albin [1 ]
Kleiner, Andreas [2 ]
机构
[1] Stockholm Sch Econ, Dept Econ, Stockholm, Sweden
[2] Arizona State Univ, WP Carey Sch Business, Dept Econ, Tempe, AZ 85287 USA
基金
欧洲研究理事会;
关键词
Optimal mechanisms; Costly verification; BIC and EPIC equivalence; DOMINANT-STRATEGY IMPLEMENTATION; REDUCED-FORM AUCTIONS;
D O I
10.1016/j.jmateco.2019.06.002
中图分类号
F [经济];
学科分类号
02 ;
摘要
We revisit the problem of a principal allocating an indivisible good with costly verification, as it was formulated and analyzed by Ben-Porath et al. (2014). We establish, in this setting, a general equivalence between Bayesian and ex-post incentive compatible mechanisms. We also provide a simple proof showing that the optimal mechanism is a threshold mechanism. (C) 2019 Elsevier B.V. All rights reserved.
引用
收藏
页码:56 / 62
页数:7
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