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The aim of this paper is to examine the non-cooperative basis of the core. We provide mechanisms that are motivated closely by the very description of the core, and have the property that their non-cooperative equilibrium outcomes coincide with the core. For general economic environments we...

Multiplicity of Mixed Bayesian Equilibria in Mechanisms Roberto Serrano and Rajiv Vohra The literature on implementation with incomplete information has often left out the consideration of mixed-strategy equilibria. This is particularly problematic for a research program that attempts to address...