Matches in SemOpenAlex for { <https://semopenalex.org/work/W2100663173> ?p ?o ?g. }
Showing items 1 to 100 of
100
with 100 items per page.
- W2100663173 abstract "This paper is concerned with the procedural aspects of collective choice and the impact of the parties' participation rights on the optimal mechanism. We find that the mechanism designer generally benefits from the selective engagement of the agents-the exclusion of some agent-types from the choice process. We show that optimization of mechanisms with voluntary participation involves two mutually dependent instruments: the scope of the agents' engagement, and the functional form of the social choice function. The benefits of selective engagement, as well as two optimization methodologies, are illustrated on principal-agent models. We find that the participation constraint is redundant and generally leads tot suboptimal mechanisms. Contrary to its general interpretation, this restriction does not reflect the voluntary aspect of the agents' participation. Rather, it gives them an additional entitlement: to force their involvement in the collective choice. We formulate a free-exit constraint that is devoid of incentives and fully accounts for the voluntary aspect of participation. It also leads to an equivalent representation of incentive-compatibility that explicates incentives and specifies the feasibility of a mechanism. Key words: Participation rights, voluntary participation, economics of information, incentives, incentive compatibility, principal-agent model." @default.
- W2100663173 created "2016-06-24" @default.
- W2100663173 creator A5091576535 @default.
- W2100663173 date "1999-01-01" @default.
- W2100663173 modified "2023-09-27" @default.
- W2100663173 title "Participation Rights and Mechanism Design" @default.
- W2100663173 cites W1485535210 @default.
- W2100663173 cites W1548462700 @default.
- W2100663173 cites W1973214627 @default.
- W2100663173 cites W1975245318 @default.
- W2100663173 cites W2023067240 @default.
- W2100663173 cites W2028200493 @default.
- W2100663173 cites W2029050771 @default.
- W2100663173 cites W2043715088 @default.
- W2100663173 cites W2065795142 @default.
- W2100663173 cites W2065944757 @default.
- W2100663173 cites W2087530244 @default.
- W2100663173 cites W2099111195 @default.
- W2100663173 cites W2127238399 @default.
- W2100663173 cites W2135954328 @default.
- W2100663173 cites W2153335615 @default.
- W2100663173 cites W2155300024 @default.
- W2100663173 cites W2330548796 @default.
- W2100663173 cites W3091804415 @default.
- W2100663173 cites W3122402710 @default.
- W2100663173 hasPublicationYear "1999" @default.
- W2100663173 type Work @default.
- W2100663173 sameAs 2100663173 @default.
- W2100663173 citedByCount "1" @default.
- W2100663173 crossrefType "posted-content" @default.
- W2100663173 hasAuthorship W2100663173A5091576535 @default.
- W2100663173 hasConcept C100001284 @default.
- W2100663173 hasConcept C111472728 @default.
- W2100663173 hasConcept C127413603 @default.
- W2100663173 hasConcept C138885662 @default.
- W2100663173 hasConcept C144133560 @default.
- W2100663173 hasConcept C144559511 @default.
- W2100663173 hasConcept C153517567 @default.
- W2100663173 hasConcept C162324750 @default.
- W2100663173 hasConcept C175444787 @default.
- W2100663173 hasConcept C189352744 @default.
- W2100663173 hasConcept C199360897 @default.
- W2100663173 hasConcept C2776036281 @default.
- W2100663173 hasConcept C2778012447 @default.
- W2100663173 hasConcept C29122968 @default.
- W2100663173 hasConcept C34432948 @default.
- W2100663173 hasConcept C38652104 @default.
- W2100663173 hasConcept C41008148 @default.
- W2100663173 hasConcept C78519656 @default.
- W2100663173 hasConcept C89611455 @default.
- W2100663173 hasConcept C91810955 @default.
- W2100663173 hasConcept C94982200 @default.
- W2100663173 hasConceptScore W2100663173C100001284 @default.
- W2100663173 hasConceptScore W2100663173C111472728 @default.
- W2100663173 hasConceptScore W2100663173C127413603 @default.
- W2100663173 hasConceptScore W2100663173C138885662 @default.
- W2100663173 hasConceptScore W2100663173C144133560 @default.
- W2100663173 hasConceptScore W2100663173C144559511 @default.
- W2100663173 hasConceptScore W2100663173C153517567 @default.
- W2100663173 hasConceptScore W2100663173C162324750 @default.
- W2100663173 hasConceptScore W2100663173C175444787 @default.
- W2100663173 hasConceptScore W2100663173C189352744 @default.
- W2100663173 hasConceptScore W2100663173C199360897 @default.
- W2100663173 hasConceptScore W2100663173C2776036281 @default.
- W2100663173 hasConceptScore W2100663173C2778012447 @default.
- W2100663173 hasConceptScore W2100663173C29122968 @default.
- W2100663173 hasConceptScore W2100663173C34432948 @default.
- W2100663173 hasConceptScore W2100663173C38652104 @default.
- W2100663173 hasConceptScore W2100663173C41008148 @default.
- W2100663173 hasConceptScore W2100663173C78519656 @default.
- W2100663173 hasConceptScore W2100663173C89611455 @default.
- W2100663173 hasConceptScore W2100663173C91810955 @default.
- W2100663173 hasConceptScore W2100663173C94982200 @default.
- W2100663173 hasLocation W21006631731 @default.
- W2100663173 hasOpenAccess W2100663173 @default.
- W2100663173 hasPrimaryLocation W21006631731 @default.
- W2100663173 hasRelatedWork W143133947 @default.
- W2100663173 hasRelatedWork W1549888977 @default.
- W2100663173 hasRelatedWork W1570365273 @default.
- W2100663173 hasRelatedWork W1572702193 @default.
- W2100663173 hasRelatedWork W1971379796 @default.
- W2100663173 hasRelatedWork W1980934856 @default.
- W2100663173 hasRelatedWork W2055157650 @default.
- W2100663173 hasRelatedWork W2081829885 @default.
- W2100663173 hasRelatedWork W2187021516 @default.
- W2100663173 hasRelatedWork W2325820431 @default.
- W2100663173 hasRelatedWork W2329116926 @default.
- W2100663173 hasRelatedWork W2352927042 @default.
- W2100663173 hasRelatedWork W2378394000 @default.
- W2100663173 hasRelatedWork W2542157454 @default.
- W2100663173 hasRelatedWork W3122081521 @default.
- W2100663173 hasRelatedWork W3123194349 @default.
- W2100663173 hasRelatedWork W3123474207 @default.
- W2100663173 hasRelatedWork W3144870195 @default.
- W2100663173 hasRelatedWork W3176601663 @default.
- W2100663173 hasRelatedWork W3207718187 @default.
- W2100663173 isParatext "false" @default.
- W2100663173 isRetracted "false" @default.
- W2100663173 magId "2100663173" @default.
- W2100663173 workType "article" @default.