Bayesian efficiency

Known as: Interim efficient

Bayesian efficiency addresses an appropriate economic definition of Pareto efficiency where there is incomplete information. Under Pareto efficiency…

Papers overview

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2017

We study matching problems with transferable utility in the presence of adverse selection, and define a notion of stability, i.e…

2016

Behavioral contract theory typically argues that agents who differ in their intrinsic motivations to collaborate or to compete…

2015

We study the growth effects of two cross-border activities, flow of goods and flows of labor on U.S. state-level productivity…

2010

Charles Stein shocked the statistical world in 1955 with his proof that maximum likelihood estimation methods for Gaussian models…

2009

In the first part of this dissertation we study the problem of designing desirable mechanisms for economic environments with…

2006

This paper analyzes the impact of risk regulation and extended liability on private contracting when production creates an…

2006

We consider the class of Bayesian environments with one-dimensional private signals and interdependent valuations. For these…

2003

Abstract. The purpose of this paper is to study the kind of efficient allocations that can be achieved in exchange economies with…

2000

In this paper, I characterize the set of interim incentive efficient allocation mechanisms for a broad class of problems with…

1993

In this paper we describe the use of Gibbs sampling methods for drawing posterior inferences in a model with an asymptotically…