Dynamic Mechanism Design: A Myersonian Approach
We study mechanism design in dynamic quasilinear environments where private information arrives over time and decisions are made over multiple periods. We make three contributions. First, we provide a necessary condition for incentive compatibility that takes the form of an envelope formula for the...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Article |
| Language: | English |
| Published: |
The Econometric Society,
2015-04-23T19:59:33Z.
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| Subjects: | |
| Online Access: | Get fulltext |