Full surplus extraction with dominant strategies


Autoria(s): Monteiro, P. K.
Data(s)

13/05/2008

23/09/2010

13/05/2008

23/09/2010

01/06/2000

Resumo

In this note I consider the fuI! surplus extraction in an auction with private but possibly correlated values. I show that fuI! extraction in the continuum of types case is not possible in general. Neither is approximate fuI! surplus extraction if the sel!er is budget constrained.

Identificador

0104-8910

http://hdl.handle.net/10438/897

Idioma(s)

en_US

Publicador

Escola de Pós-Graduação em Economia da FGV

Relação

Ensaios Econômicos;386

Palavras-Chave #Economia
Tipo

Working Paper