Abstract
The paper addresses the mechanism design problem of eliciting truthful information from a committee of informed experts who collude in their information disclosure strategies. It is shown that under fairly general conditions full information disclosure is possible if and only if the induced outcome is Pareto undominated for the committee members.
Original language | English |
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Pages (from-to) | 2049-2067 |
Number of pages | 19 |
Journal | Journal of Economic Theory |
Volume | 148 |
Issue number | 5 |
Early online date | 24 Apr 2013 |
DOIs | |
Publication status | Published - Sep 2013 |
Keywords
- axiomatic bargaining
- closed rule
- collusion
- communication
- experts
- multidimensional mechanism design