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Concept

Contract theory

Related publications (22)

Reform and risk management in the urban water sector : the role of regulation

Traditionally, urban water services were characterised by local monopolies, where the incumbent was publicly-owned. This was explained by safety, health, economic, and technological reasons related to the sector's specificities. However, in spite of this, ...

EPFL2007

A Budget-balanced, Incentive-compatible Scheme for Social Choice

Boi Faltings

Many practical scenarios involve solving a social choice problem: a group of self-interested agents have to agree on an outcome that best fits their combined preferences. We assume that each outcome presents a certain utility to an agent and that the best ...

Springer2005