Adverse selection

Harald Wiese ()
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Harald Wiese: Universität Leipzig

Chapter Chapter 22 in Advanced Microeconomics, 2021, pp 567-581 from Springer

Abstract: Abstract In chapter XVIII, we consider a principal who defines a mechanism for agents whose types he does not know. We pursue this theme in this chapter. The models presented here differ from the mechanism design model in (at least) two respects.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-658-34959-2_22

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DOI: 10.1007/978-3-658-34959-2_22

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