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Truthful Revelation Mechanisms for Simultaneous Common Agency Games
American Economic Journal: Microeconomics
This paper considers games in which multiple principals contract simultaneously and noncooperatively with the same agent. We introduce a new class of revelation mechanisms which, although they do not always permit a complete equilibrium characterization, do facilitate the characterization of the equilibrium outcomes that are typically of interest in applications. We then show how these mechanisms can be put to work in applications such as menu auctions, competition in nonlinear tari¤s, anddoi:10.1257/mic.2.2.132 fatcat:jtggnm4bkref3ahvklcxgbvcz4