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The Implementation Duality

delete2018-01-01
delete26
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OA
AI
G
Georg Nöldeke *
L
Larry Samuelson
DOI:10.3982/ECTA13307delete
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摘要

摘要

En 中文
Conjugate duality relationships are pervasive in matching and implementation problems and provide much of the structure essential for characterizing stable matches and implementable allocations in models with quasilinear (or transferable) utility. In the absence of quasilinearity, a more abstract duality relationship, known as a Galois connection, takes the role of (generalized) conjugate duality. While weaker, this duality relationship still induces substantial structure. We show that this structure can be used to extend existing results for, and gain new insights into, adverse-selection principal-agent problems and two-sided matching problems without quasilinearity.
Keyword:
Implementation
conjugate duality
Galois connection
optimal transport
imperfectly transferable utility
principal-agent model
two-sided matching
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期刊

Econometrica 封面图
Econometrica
IF:
7.1
论文数:
3.0K
被引数:
4.3W

机构

U
University of Basel
学者数:
3.1W
论文数: 2.4W
被引数: 38
Y
Yale University
学者数:
6.5W
论文数: 6.0W
被引数: 10.0W
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