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Author:Tian, Guoqiang
Title:Incentive mechanism design for production economies with both private and public ownerships
Journal:Games and Economic Behavior
2000 : NOV, VOL. 33:2, p. 294-320
Index terms:INCENTIVES
NON-CO-OPERATIVE GAMES
Language:eng
Abstract:This paper deals with the problem of incentive mechanism design which yields efficient allocations for general mixed ownership economies when preferences, individual endowments, and coalition patterns among individuals are unknown to the planner. The problem is approached by doubly implementing the proportional solution for economies with any number of private sector and public sector commodities and any number of individuals as well as the coexistence of privately and publicly owned firms with general convex production possibility sets.
SCIMA record nr: 217899
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