Implementing randomized allocation rules with outcome-contingent transfers

This paper was circulated with the title “Eliciting Information by Transfer.” We are especially grateful to Luciano Pomatto and Harry Pei for guiding the direction of this project. For helpful comments, we also thank Editor Pierpaolo Battigalli, one Associate Editor, two anonymous referees, Alexander Bloedel, Peter Caradonna, Rafael Frongillo, Wade Hann-Caruthers, Nicolas Lambert, Jonathan Libgober, Elliot Lipnowski, Chang Liu, Axel Niemeyer, Ichiro Obara, Alessandro Pavan, John K.-H. Quah, Fedor Sandomirskiy, Xin Shan, Andrew J. Sinclair, Omer Tamuz, Rakesh Vohra, Xingye Wu, Mu Zhang, conference participants at EC23, seminar participants at Caltech, USC and Tsinghua University.