Shifting supports in Esö and Szentes (2007)

Bin Liu, Dongri Liu and Jingfeng Lu

Economics Letters, 2020, vol. 193, issue C

Abstract: The common-support assumption of future type distributions is well adopted in the dynamic mechanism design literature. This assumption can become restrictive when the support is bounded. In this paper, we extend Esö and Szentes (2007) by allowing shifting supports and formally show that both their analytical methodology and key insights are robust to this generalization.

Keywords: Adverse selection; Dynamic mechanism design; Shifting supports (search for similar items in EconPapers)
JEL-codes: D44 D82 D86 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:193:y:2020:i:c:s0165176520301737

DOI: 10.1016/j.econlet.2020.109251

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