Showing 41 - 50 of 32,801
We study the repeated implementation of social choice functions in environments with complete information and changing … is necessary and almost suf?cient for repeated Nash implementation, regard less of whether the horizon is ?nite or in …
Persistent link: https://www.econbiz.de/10011704811
We study repeated implementation in a model with overlapping generations of agents.It is assumed that the preferences …
Persistent link: https://www.econbiz.de/10011867640
We conduct an experiment to uncover the reasons behind the typically large behavioral variation and low explanatory power of Nash equilibrium observed in Tullock contests. In our standard contest treatment, only 7% of choices are consistent with Nash equilibrium which is in line with the...
Persistent link: https://www.econbiz.de/10010233103
In this paper, we reexamine Eliaz's results (2002) of fault tolerant implementation on one hand and we extend theorems … exchange economy when preferences are single-peaked, the k-monotonicity is sufficient for the k - FTNE implementation for the …
Persistent link: https://www.econbiz.de/10003883017
-proofness ; implementation theory …
Persistent link: https://www.econbiz.de/10009506479
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 …
Persistent link: https://www.econbiz.de/10009753711
We study dominant strategy implementation especially in economic environments. We first showthat in general … implementation via the associated direct revelationmechanism. We next prove that in weak separable environments, strategy …-proofness is sufficient for dominant strategy implementation, by using an augmented revelation mechanism similar to the one devised …
Persistent link: https://www.econbiz.de/10003371461
This paper considers Bayesian and Nash implementation in exchange economic environments with state dependent …. As such, it improves upon and contains as special cases previously known results about Nash and Bayesian implementation … et al. [12], can be weakened to the non-confiscatority and can be dropped, respectively, for Nash implementation. Thus we …
Persistent link: https://www.econbiz.de/10014208048
We consider the implementation problem under incomplete information and private values. We investigate double …
Persistent link: https://www.econbiz.de/10012848756
The paper proposes necessary and sufficient conditions for the natural implementation of (efficient) social choice … conventional models of natural implementation, it is shown that the equivalence relationship between natural price …
Persistent link: https://www.econbiz.de/10013008522