Household Incentive Compatibility

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
HIC
Pronunciation
/ˈhaʊsˌhoʊld ˌɪnˈsɛnɪv kəmˌpætəˈbɪləˌti/
Category
Miscellaneous
Related Field
Unclassified

Examples in Context

  1. The successful governance to the household fanners depends on the rules or institutions that can produce and allocate economic rent perfectly for each participator to satisfy the stake-holders ' ( the firm, the agents and the households ) incentive compatibility constrain and participation constrain.

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