Motives and implementation with rights structures

Foivos Savva

doi:10.1016/j.econlet.2021.109913

Motives and implementation with rights structures

Foivos Savva

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Abstract

We study implementation with rights structures as in Koray and Yildiz (2018), under two different behavioural assumptions, partial honesty and social responsibility. Specifically, we show that unanimity is sufficient for implementation with partially honest agents and, for the case of social responsibility, we provide a full characterization of the implementable rules.

Original language	English
Article number	109913
Number of pages	4
Journal	Economics Letters
Volume	204
Early online date	18 May 2021
DOIs	https://doi.org/10.1016/j.econlet.2021.109913
Publication status	Published - Jul 2021

Keywords

Implementation
Rights structure
Partial honesty
Social responsibility
Motive

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10.1016/j.econlet.2021.109913

Savva-2021-Motives-and-implementation-EconLett-AAM
Copyright © 2021 Elsevier B.V. This work has been made available online in accordance with publisher policies or with permission. Permission for further reuse of this content should be sought from the publisher or the rights holder. This is the author created accepted manuscript following peer review and may differ slightly from the final published version. The final published version of this work is available at https://doi.org/10.1016/j.econlet.2021.109913.
Accepted author manuscript, 244 KBLicence: CC BY-NC-ND

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KW - Partial honesty

KW - Social responsibility

KW - Motive

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M3 - Article

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JO - Economics Letters

JF - Economics Letters

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Motives and implementation with rights structures

Abstract

Keywords

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