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Common Agency and Coordination: General Theory and Application to Tax Policy
Avinash Kamalakar Dixit () and
Elhanan Helpman
Working Papers from Princeton, Woodrow Wilson School - Public and International Affairs
Abstract:
We develop a model of common agency with complete information and general preferences with non-transferable utility, and prove that the principales'Nash equilibrium in truthful strategies implements an efficient action.
Keywords: LOBBYING ; AUCTIONS (search for similar items in EconPapers)
JEL-codes: D78 D72 (search for similar items in EconPapers)
Date: 1996
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Persistent link: http://EconPapers.repec.org/RePEc:fth:priwpu:179
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