A Full Characterization of Nash Implementation with Strategy Space Reduction

Noting that a full characterization of Nash-implementation is given using a canonical-mechanism and Maskin''s theorem (Maskin, 1999) is shown using a mechanism with Saijo''s type of strategy space reduction (Saijo, 1988), this paper fully characterizes the class of Nash-implementable social choice correspondences (SCCs) by mechanisms with the strategy space reduction, which is further shown to be equivalent to the class of Nash-implementable SCCs.

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Year of publication:	2010
Authors:	Michele, Lombardi ; Naoki, Yoshihara
Institutions:	Graduate School of Business and Economics (GSBE), School of Business and Economics
Subject:	microeconomics

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Extent:	application/pdf
Series:	Research Memorandum.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Research Memoranda Number 023
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011146926