Implementability with contingent contracts

Kiho Yoon

Economics Letters, 2020, vol. 188, issue C

Abstract: We establish the equivalence of implementability by a contingent contract, implementability by a linear contract, acyclicity, and scaled cycle monotonicity when the type space is a compact metric space. We employ graph-theoretic arguments.

Keywords: Implementation; Dominant strategies; Contingent contracts; Linear contracts (search for similar items in EconPapers)
JEL-codes: C72 D47 D82 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:188:y:2020:i:c:s0165176520300148

DOI: 10.1016/j.econlet.2020.108966

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