Abstract
Rethinking Informational Assumptions in Mechanism Design Mechanism design has proven to be very effective is soliciting buyers’ incentives and finding the optimal way of allocating scares resources. A common assumption in classic mechanism design, however, is that buyers have full information about their values. Motivated by application in e-commerce, Alaei et al. (2024) consider settings without this assumption and finds the optimal selling mechanism for them.
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