Publications
Publications
- Review of Economic Studies
Partially Verifiable Information and Mechanism Design
By: Jerry R. Green and Jean-Jacques Laffont
Abstract
In a principal-agent model with adverse selection, we study the implementation of social choice functions when the agent's message space is a correspondence which depends on this true characteristic. We characterize such correspondence for which the Revelation Principle is valid.
Citation
Green, Jerry R., and Jean-Jacques Laffont. "Partially Verifiable Information and Mechanism Design." Review of Economic Studies 53, no. 3 (July 1986): 447–456.