| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5058758 | Economics Letters | 2015 | 4 Pages |
Abstract
â¢The paper considers two extensions to the standard common agency model.â¢Extension 1: The agent's objective need not be increasing in contributions.â¢Extension 2: The agent can (partially) reject contributions.â¢Truthful equilibria are reconsidered in the new framework.â¢The key properties of truthful equilibria are reaffirmed.
This paper considers two extensions to the standard common agency model. First, the agent's objective need not be increasing in contributions. Second, the agent can (partially) reject contributions from the principals. Following these extensions, I generalize the concept of truthful equilibria and their key properties.
Keywords
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Economics and Econometrics
Authors
Ilias Boultzis,