Browsing İktisadi ve İdari Bilimler Fakültesi by Subject "Ambiguity"
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Optimal allocation with costly inspection and discrete types under ambiguity
(Taylor & Francis LTD, 2017)We consider the following problem: a principal has a good to allocate among a collection of agents who attach a private value to receiving the good. The principal, instead of using monetary transfers (i.e. charging the ...