Econometrica

Journal Of The Econometric Society

An International Society for the Advancement of Economic
Theory in its Relation to Statistics and Mathematics

Edited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262

Econometrica: Nov, 2020, Volume 88, Issue 6

Mechanism Design with Aftermarkets: Cutoff Mechanisms

https://doi.org/10.3982/ECTA15768
p. 2629-2661

Piotr Dworczak

I study a mechanism design problem in which a designer allocates a single good to one of several agents, and the mechanism is followed by an aftermarket—a post‐mechanism game played between the agent who acquired the good and third‐party market participants. The designer has preferences over final outcomes, but she cannot design the aftermarket. However, she can influence its information structure by publicly disclosing information elicited from the agents by the mechanism.


Log In To View Full Content

Supplemental Material

Supplement to "Mechanism Design with Aftermarkets: Cutoff Mechanisms"

This online appendix has material not found within the manuscript.

Journal News

View