Lombardi, Michele; Yoshihara, Naoki - Institute of Economic Research, Hitotsubashi University - 2013
study implementation by natural price-quantity mechanisms (Saijo et al., 1996, 1999) in pure exchange economies with three … agent of the strong type, which may provide a behavioral foundation for decentralized implementation of the Walrasian … equilibrium. Finally, in this set-up, the effects of honesty on the implementation of more equitable Pareto optimal allocations …