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Mechanism Design and Budget-Constrained Agents

Research Project

Project/Area Number 16K03545
Research Category

Grant-in-Aid for Scientific Research (C)

Allocation TypeMulti-year Fund
Section一般
Research Field Economic theory
Research InstitutionFukuoka University (2017-2019)
Otaru University of Commerce (2016)

Principal Investigator

Kojima Naoki  福岡大学, 経済学部, 教授 (70547869)

Project Period (FY) 2016-10-21 – 2020-03-31
Project Status Completed (Fiscal Year 2019)
Budget Amount *help
¥2,340,000 (Direct Cost: ¥1,800,000、Indirect Cost: ¥540,000)
Fiscal Year 2019: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2018: ¥390,000 (Direct Cost: ¥300,000、Indirect Cost: ¥90,000)
Fiscal Year 2017: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2016: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
KeywordsMechanism Design / Revelation Principle / Multi-dimension / Budget Constraints / Budget Constraint / Mecanism Design / Indirect Mechanims
Outline of Final Research Achievements

I published a paper "Implementability by a Canonical Indirect Mechanism of an Optimal Two-Dimensional Direct Mechanism" in Theoretical Economics Letters 07(02), 187-192, January 2017 and "Two-Dimensional Mechanism Design and Implementability by an Indirect Mechanism" in Theoretical Economics Letters 07(06), pp1595-pp1601, October 2017.
I presented the paper "General Screening Contracts to Budget-Constrained Agents" at the Asian and Chinese meetings of the Econometric Society. I revised the paper several times and submitted it to top international journals, some of which rejected it and others requested revivions. The latest version has been submitted to the International Journal of Game Theory under the title of "Screening Contracts to Budget-Constrained Agents". The reviewers' opinions are very positive and the editor has requested a minor revision for publication.

Academic Significance and Societal Importance of the Research Achievements

This research project pushed forward the existing results of the so-called mechanism design in contract theory and incentive theory in the framework of multi-dimensional private information possessed by agents.

Report

(5 results)
  • 2019 Annual Research Report   Final Research Report ( PDF )
  • 2018 Research-status Report
  • 2017 Research-status Report
  • 2016 Research-status Report
  • Research Products

    (4 results)

All 2017

All Journal Article (2 results) (of which Peer Reviewed: 2 results,  Open Access: 2 results,  Acknowledgement Compliant: 1 results) Presentation (2 results) (of which Int'l Joint Research: 2 results)

  • [Journal Article] Two-Dimensional Mechanism Design and Implementability by an Indirect Mechanism2017

    • Author(s)
      Naoki Kojima
    • Journal Title

      Theoretical Economics Letters

      Volume: 7 Issue: 06 Pages: 1595-1601

    • DOI

      10.4236/tel.2017.76107

    • NAID

      40019373546

    • Related Report
      2017 Research-status Report
    • Peer Reviewed / Open Access
  • [Journal Article] Implementability by a Canonical Indirect Mechanism of an Optimal Two-Dimensional Direct Mechanism2017

    • Author(s)
      Naoki Kojima
    • Journal Title

      Theoretical Economics Letters

      Volume: 07(02) Issue: 02 Pages: 187-192

    • DOI

      10.4236/tel.2017.72016

    • NAID

      40018902468

    • Related Report
      2016 Research-status Report
    • Peer Reviewed / Open Access / Acknowledgement Compliant
  • [Presentation] General Screening Contracts to Budget-Constrained Agents2017

    • Author(s)
      Naoki Kojima
    • Organizer
      Asian meeting of The Econometric Society
    • Related Report
      2017 Research-status Report
    • Int'l Joint Research
  • [Presentation] General Screening Contracts to Budget-Constrained Agents2017

    • Author(s)
      Naoki Kojima
    • Organizer
      Chinese meeting of The Econometric Society
    • Related Report
      2017 Research-status Report
    • Int'l Joint Research

URL: 

Published: 2016-10-24   Modified: 2021-02-19  

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