摘要：We propose a definition of egalitarian equivalence that extends Pazner andSchmeidler's (1978) concept to environments with incomplete information. If everyfeasible allocation rule can be implemented by an incentive compatible mechanism(as, for instance, in the case of non-exclusive information), then interim egalitarianequivalence and interim incentive e.ciency remain compatible, as they were un-der complete information. When incentive constraints are more restrictive, on theother hand, the two criteria may become incompatible
关键词：Pareto E.ciency; Egalitarian Equivalence; Asymmetric Information
