Sato, Kimitoshi - In: Journal of economic structures : JES; the official … 5 (2016) 12, pp. 1-31
This paper revisits the family of MDP Procedures and analyzes their properties. It also reviews the procedure developed by Sato (Econ Stud Q 34:97-109, 1983) which achieves aggregate correct revelation in the sense that the sum of the Nash equilibrium strategies always coincides with the...