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In this paper, we re-examine the classical questions of implementation theory under complete information in a setting where coalitions are the fundamental behavioral units and the outcomes of their interactions are predicted by applying the solution concept of the core. The planner's exercise...
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Rotation programs are widely used in societies. Some examples are job rotations, rotation schemes in the management of common-pool resources, and rotation procedures in fair division problems. We study rotation programs via the implementation of Pareto efficient social choice rules under...
Persistent link: https://www.econbiz.de/10012519973
We study rotation programs within the standard implementation framework under complete information. A rotation program is a myopic stable set whose states are arranged circularly, and agents can effectively move only between two consecutive states. We provide characterizing conditions for the...
Persistent link: https://www.econbiz.de/10012792917
We give a direct and very short proof of the famous Gibbard-Satterthwaite theorem [Alan Gibbard (1977) and Mark Satterthwaite (1975)]. The proof is based on investigating the properties of one critical preference profile constructed from those alternatives that individuals are not decisive on....
Persistent link: https://www.econbiz.de/10013017603
Behavioral implementation studies implementation when agents' choices need not be rational. All existing papers of this literature, however, fail to handle a large class of choice behaviors because they rely on a well-known condition called Unanimity. This condition says, roughly speaking, that...
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We study Nash implementation in many-to-one matching problems also known as college admission problems [Gale and Shapley, College admission and the stability of marriage, Amer. Math. Monthly 69 (1962) 9-15]. In contrast to the previous literature we make no assumptions regarding the preference...
Persistent link: https://www.econbiz.de/10014157176