Results 291 to 300 of about 6,458,136 (325)
Some of the next articles are maybe not open access.
Mixed Nash Implementation with Finite Mechanisms
, 2012This paper studies full implementation problems in (pure and mixed) Nash equilibrium in finite environments. We restrict the designer to adoptfinite mechanisms, thus ruling out integer games.
C. Mezzetti, L. Renou
semanticscholar +1 more source
Double implementation in Nash and -Nash equilibria
Economics Letters, 2012Abstract In this paper, we give a sufficient condition for double implementation in Nash and M -Nash equilibria. Furthermore, we discuss the mechanism with transfers and prove that some important social choice rules are doubly implemented in Nash and M -Nash equilibria by the mechanism with transfers.
openaire +2 more sources
Reexamination of Maskin's Theorem on Nash implementability
Economics Letters, 2008Abstract We reexamine Maskin's Theorem by proposing slight modifications on Maskin's conditions of monotonicity and no veto power. We show that any social choice correspondence (SCC) that satisfies strict monotonicity, strict no veto power and unanimity can be implemented in Nash equilibria.
Doghmi, Ahmed, Ziad, Abderrahmane
openaire +4 more sources
STRATEGY SPACE REDUCTION IN MASKIN'S THEOREM: SUFFICIENT CONDITIONS FOR NASH IMPLEMENTATION
, 1988Contributions by E. Maskin and S. Williams have established that any social choice cor respondence satisfying monotonicity, no veto power, and having at lea st three participants is Nash implementable under the proviso that th e number of social ...
Tatsuyoshi Saijo
semanticscholar +1 more source
Implementation Via Nash Equilibria
Econometrica, 1992This paper is concerned with a problem of implementation of a given social choice correspondence. The authors introduces an essential monotonicity condition and show that any implementable social choice correspondence satisfies this condition. Conversely, in a case of three or more participants, any essentially monotone social choice correspondence is ...
openaire +2 more sources
Nash implementation via hyperfunctions
Social Choice and Welfare, 2006Hyperfunctions are social choice rules which assign sets of alternatives to preference profiles over sets. Therefore, they are more general objects compared to standard (social choice) correspondences. In fact, every correspondence can be expressed in terms of an equivalent hyperfunction.
İpek Özkal-Sanver, M. Remzi Sanver
openaire +2 more sources
On Nash-Implementation in the Presence of Withholding
Games and Economic Behavior, 1995Abstract In this paper we construct a completely feasible and continuous mechanism whose Nash allocations coincide with Lindahl allocations when both preferences and initial endowments are unknown to the designer and unreported endowments are withheld.
Qi Li, Guoqiang Tian
openaire +2 more sources
Double Implementation in Nash and Undominated Nash Equilibria
Journal of Economic Theory, 1993Abstract This paper studies the issue of designing mechanisms that are applicable to a wide class of individual behavior in exchange economies with both "goods" and "bads." We propose a mechanism such that for each possible preference profile, both the set of Nash equilibrium allocations and the set of undominated Nash equilibrium allocations ...
openaire +2 more sources
Nash implementation of Lindahl allocations [PDF]
We define a class of Nash based mechanisms that implement Lindahl allocations in standard public good economies. As those that first proved Nash implementation of Lindahl allocations, defined by Hurwicz (1979) and Walker (1981), the mechanisms provided here are continuous, feasible, and independent of agents' characteristics.
openaire +1 more source
1996
In the two preceding chapters we have studied the Nash equilibrium approach to the problem of implementation. Various authors have put forward certain undesirable consequences of the property of monotonicity which, as you will remember, is a necessary condition for implementation in Nash equilibria.
openaire +2 more sources
In the two preceding chapters we have studied the Nash equilibrium approach to the problem of implementation. Various authors have put forward certain undesirable consequences of the property of monotonicity which, as you will remember, is a necessary condition for implementation in Nash equilibria.
openaire +2 more sources