• Search Research Projects
  • Search Researchers
  • How to Use
  1. Back to previous page

Mechanism design by an informed monopolist

Research Project

Project/Area Number 26885081
Research Category

Grant-in-Aid for Research Activity Start-up

Allocation TypeSingle-year Grants
Research Field Economic theory
Research InstitutionKomazawa University

Principal Investigator

Nishimura Takeshi  駒澤大学, 経済学部, 講師 (20735229)

Project Period (FY) 2014-08-29 – 2016-03-31
Project Status Completed (Fiscal Year 2015)
Budget Amount *help
¥2,080,000 (Direct Cost: ¥1,600,000、Indirect Cost: ¥480,000)
Fiscal Year 2015: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
Fiscal Year 2014: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
Keywordsメカニズムデザイン理論 / ゲーム理論 / 理論モデルの分析
Outline of Final Research Achievements

We study informed principal problems in a bilateral trade environment where
a seller and a buyer have private information about types affecting their cost and valuation. The informed seller has full bargaining power to design a trading mechanism. We prove the existence of the best separating equilibrium for the seller. The seller's interim payoff vector in the equilibrium is determined by that in a particular direct mechanism called the least-cost-separating mechanism. We provide a characterization of the mechanism which shows that each menu in the mechanism takes a simple format called the almost fixed price with entry compensation. We also investigate how the privacy of the seller's information affects allocative efficiency and distributional consequences.

Report

(3 results)
  • 2015 Annual Research Report   Final Research Report ( PDF )
  • 2014 Annual Research Report
  • Research Products

    (2 results)

All 2015 Other

All Journal Article (1 results) (of which Peer Reviewed: 1 results) Remarks (1 results)

  • [Journal Article] Optimal design of scoring auctions with multidimensional quality2015

    • Author(s)
      Takeshi Nishimura
    • Journal Title

      Review of Economic Design

      Volume: 19 Issue: 2 Pages: 117-143

    • DOI

      10.1007/s10058-015-0169-6

    • Related Report
      2015 Annual Research Report
    • Peer Reviewed
  • [Remarks] 駒澤大学 教員研究業績検索ページ

    • URL

      http://gyoseki-komazawa-u.jp/kzuhp/KgApp?kyoinId=ymbgyoysggy

    • Related Report
      2015 Annual Research Report

URL: 

Published: 2014-09-09   Modified: 2017-05-10  

Information User Guide FAQ News Terms of Use Attribution of KAKENHI

Powered by NII kakenhi