A note on revelation of information for joint production |
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| Authors: | R Wilson |
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| Institution: | (1) Stanford Business School, Stanford University, 94305 Stanford, CA, USA |
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| Abstract: | If investors' attitudes toward risk are sufficiently similar to admit an efficient sharing rule that is linear, then this rule also provides sufficient incentives for truthful revelation of private information relevant for joint production decisions.Research support from the Office of Naval Research contract ONR-N00014-79-C-0685 and the National Science Foundation grants SOC-75-21820 and SES-81-08226 is gratefully acknowledged. This paper was prepared during the term of a Guggenheim Fellowship |
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