Competing Mechanisms

Michael Peters ()

Microeconomics.ca working papers from Vancouver School of Economics

Abstract: The recent literature on competing mechanisms has devoted a lot of effort at understanding a very complex and abstract issue. In particular, an agent's type in a competitive environment is hard to conceptualize because it depends on information the agent has about what is going on in the rest of the market. This paper explains why this such an important practical problem and illustrates how the literature has 'solved' it.

Pages: 0 pages
Date: 2014-02-19, Revised 2014-02-19
New Economics Papers: this item is included in nep-cta and nep-hme
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Citations: View citations in EconPapers (10)

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Persistent link: https://EconPapers.repec.org/RePEc:ubc:pmicro:michael_peters-2014-7

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