Question: Program A or Program B will be introduced. The table presents net valuations (s;, value minus cost). Program A Program B Firm 1 O 20

Program A or Program B will be introduced. The table presents

Program A or Program B will be introduced. The table presents net valuations (s;, value minus cost). Program A Program B Firm 1 O 20 Firm 2 10 Firm 3 28 0 Firm 4 22 0 Sum 50 30 Who will pay the Vickrey-Clarke-Groves tax? In what amount

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3. How much information do we need to collect?

2. What types of information are we collecting?

5. How quickly can we manage to collect the information?