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Persistent link: https://www.econbiz.de/10015376974
This paper investigates rationalizable implementation of social choice functions (SCFs) in incomplete information environments. We identify weak interim rationalizable monotonicity (weak IRM) as a novel condition and show that weak IRM is a necessary and almost sufficient condition for...
Persistent link: https://www.econbiz.de/10014092004
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Restricting attention to economic environments, we study implementation under perturbed better-response dynamics (BRD). A social choice function (SCF) is implementable in stochastically stable strategies of perturbed BRD whenever the only outcome supported by the stochastically stable strategies...
Persistent link: https://www.econbiz.de/10010317077
Persistent link: https://www.econbiz.de/10002644166
We provide a characterization of virtual Bayesian implementation in environments satisfying no-total-indifference. A social choice function in such environments is virtually Bayesian implementable if and only if it satisfies incentive compatibility and a condition we term virtual monotonicity....
Persistent link: https://www.econbiz.de/10014117036
Persistent link: https://www.econbiz.de/10008656798
Restricting attention to economic environments, we study implementation under perturbed better-response dynamics (BRD). A social choice function (SCF) is implementable in stochastically stable strategies of perturbed BRD whenever the only outcome supported by the stochastically stable strategies...
Persistent link: https://www.econbiz.de/10009506456
Persistent link: https://www.econbiz.de/10009412849
Persistent link: https://www.econbiz.de/10009527058