Social Choice and Welfare

, Volume 1, Issue 1, pp 69–73 | Cite as

A note on revelation of information for joint production

  • R. Wilson
Article
Received:
Accepted:

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.

Keywords

Economic Theory Private Information Sharing Rule Joint Production Production Decision 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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References

  1. 1.
    Borch K (1962) Equilibrium in a reinsurance market. Econometrica 30:424–444Google Scholar
  2. 2.
    Wilson R (1968) The theory of syndicates. Econometrica 36:119–132Google Scholar

Copyright information

© Springer-Verlag 1984

Authors and Affiliations

  • R. Wilson
    • 1
  1. 1.Stanford Business SchoolStanford UniversityStanfordUSA

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