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Essays on Mechanism Design with Limited Communication and Congestion in Global Games
2008
unpublished
Essays on Mechanism Design with Limited Communication and Congestion in Global Games Nenad Kos In the ...rst part of the dissertation I study mechanism design under limited communication. Chapter 1 o¤ers a detailed analysis of auctions with simultaneous limited communication. I solve for both welfare and revenue maximizing equilibria. The striking feature of optimal equilibria is that they are asymmetric even when the setup is ex ante completely symmetric. Asymmetry is twofold: in the
doi:10.21985/n2144q
fatcat:3qns3ja7ifhedcrwtvstqsqtia