Showing 1 - 10 of 59
Persistent link: https://www.econbiz.de/10013552624
In this paper, we study the Nash implementation in an allocation problem with single-dipped preferences. We show that, with at least three agents, Maskin monotonicity is necessary and sufficient for implementation. We examine the implementability of various social choice correspondences (SCCs)...
Persistent link: https://www.econbiz.de/10009753711
Persistent link: https://www.econbiz.de/10011507715
In this paper we explore the problem of Nash implementation providing two new properties called I-monotonicity and I-weak no-veto power. These properties form together with unanimity a new sufficient condition for a social choice correspondence to be implementable in Nash equilibria with at...
Persistent link: https://www.econbiz.de/10011191142
In exchange economies with single-peaked preferences, we find that: (1) several solutions satisfy Theorem 1 of Doghmi and Ziad [Doghmi, A., Ziad, A., 2008-this issue. Reexamination of Maskin's theorem on Nash implementability. Economics Letters.], (2) strict monotonicity is equivalent to Maskin...
Persistent link: https://www.econbiz.de/10005355543
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.
Persistent link: https://www.econbiz.de/10005361701
Persistent link: https://www.econbiz.de/10010228594
Persistent link: https://www.econbiz.de/10011659325
We analyze the impact of institutional and cultural factors on the supply side of open source software (OSS). OSS is a privately provided public good: it is marked by free access to the software and its source code, and is developed in a public, collaborative manner by thousands of volunteers as...
Persistent link: https://www.econbiz.de/10004963267
This paper analyzes the development of the German knowledge base measured by co-classifications of patents by German inventors and relate this technological development to changes in the structure of the underlying inventor networks. The central hypothesis states that technologies that become...
Persistent link: https://www.econbiz.de/10004964134