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We consider the problem where agents bargain over their shares of a perfectly divisible commodity. The aim of this paper is to identify the class of bargaining solutions induced by dominant strategy implementable allocation rules. To this end, we characterize the class of dominant strategy...
Persistent link: https://www.econbiz.de/10014041039
We consider full-truthfulNash implementation, which requires that truth telling by each agent should be a Nash equilibrium of a direct revelation mechanism, and that the set of Nash equilibriumoutcomes of the mechanismshould coincide with the f -optimal outcome. We showthat restricted...
Persistent link: https://www.econbiz.de/10003381992
We study dominant strategy implementation especially in economic environments. We first showthat in general environments, strategy-proofness and quasi-strong-non-bossiness together are necessary and sufficient for dominant strategy implementation via the associated direct revelationmechanism. We...
Persistent link: https://www.econbiz.de/10003371461
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We consider full-truthful Nash implementation, which requires that truth telling by each agent should be a Nash equilibrium of a direct revelation mechanism, and that the set of Nash equilibrium outcomes of the mechanism should coincide with the f-optimal outcome. We show that restricted...
Persistent link: https://www.econbiz.de/10014055463
We study dominant strategy implementation especially in economic environments. We first show that in general environments, strategy-proofness and quasi-strong-non-bossiness together are necessary and sufficient for dominant strategy implementation via the associated direct revelation mechanism....
Persistent link: https://www.econbiz.de/10014056700
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