Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5062276 | Economics Letters | 2006 | 8 Pages |
Abstract
We adopt a mechanism design approach to model communication between a principal and a privately informed agent in the context where monetary incentives are not available. We provide a simple condition on the distribution of the agent's type which ensures that the optimal mechanism is continuous. With strict log-concavity of the distribution, there exists a unique optimal mechanism that is characterized.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
David Martimort, Aggey Semenov,