Information aggregation and the role of transfers in mechanism design (B01)

Subject Area Economic Theory
Term since 2018
Project identifier Deutsche Forschungsgemeinschaft (DFG) - Project number 326731373
 

Project Description

Mechanism design provides methodological underpinnings for a very broad range of institutional design and regulation problems. The presence of monetary transfers is the main facilitator for modulating incentives. By contrast, we combine methods and insights from both mechanism design and social choice to solve optimality questions in settings without money. In addition, we contribute to other fundamental aspects of mechanism design such as informed-principal problems, multidimensional design, and equivalence between mechanisms.
DFG Programme CRC/Transregios
Subproject of TRR 224:  Economic Perspectives on Societal Challenges: Equality of Opportunity, Market Regulation, and Financial Stability
Applicant Institution Universität Mannheim
Project Heads Professor Dr. Benny Moldovanu; Professor Dr. Thomas Tröger