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dc.contributor.authorAthanasiou, Efthymiosen_US
dc.contributor.authorDey, Santanuen_US
dc.contributor.authorValletta, Giacomoen_US
dc.date.accessioned2012-07-05en_US
dc.date.accessioned2012-07-13T14:52:41Z-
dc.date.available2012-07-13T14:52:41Z-
dc.date.issued2012en_US
dc.identifier.urihttp://hdl.handle.net/10419/59720-
dc.description.abstractWe put forward a model of private goods with externalities. Agents derive benefit from communicating with each other. In order to communicate they need to have a language in common. Learning languages is costly. In this setting no individually rational and feasible Groves mechanism exists. We characterize the best-in-class feasible Groves mechanism and the best-in-class individually rational Groves mechanism.en_US
dc.language.isoengen_US
dc.publisherFondazione Eni Enrico Mattei (FEEM) Milanoen_US
dc.relation.ispartofseriesNota di lavoro, Fondazione Eni Enrico Mattei: Climate Change and Sustainable Development 41.2012en_US
dc.subject.jelD70en_US
dc.subject.jelD62en_US
dc.subject.jelC60en_US
dc.subject.ddc330en_US
dc.subject.keywordGroves Mechanismsen_US
dc.subject.keywordExternalityen_US
dc.subject.keywordBudget Surplus or Deficiten_US
dc.subject.keywordPareto Undominateden_US
dc.titleOn sharing the benefits of communicationen_US
dc.typeWorking Paperen_US
dc.identifier.ppn718933311en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:FEEM Working Papers, Fondazione Eni Enrico Mattei

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