Article ID Journal Published Year Pages File Type
5057723 Economics Letters 2017 4 Pages PDF
Abstract

In general screening problems, implementable allocation rules correspond exactly to Walrasian equilibria of an economy in which types are consumers with quasilinear utility and unit demand. Due to the welfare theorems, an allocation rule is implementable if and only if it induces an efficient matching between types and goods.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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