Showing 21 - 30 of 214
Choice behavior is rational if it is based on the maximization of some context-independent preference relation. This study re-examines the questions of implementation theory in a setting where players’ choice behavior need not be rational and coalition formation must be taken into account. Our...
Persistent link: https://www.econbiz.de/10012503094
Persistent link: https://www.econbiz.de/10009300884
Persistent link: https://www.econbiz.de/10009673058
Persistent link: https://www.econbiz.de/10003359854
Persistent link: https://www.econbiz.de/10003797303
Persistent link: https://www.econbiz.de/10003525429
Persistent link: https://www.econbiz.de/10003525433
Persistent link: https://www.econbiz.de/10003741234
Noting that a full characterization of Nash-implementation is given using a canonical-mechanism and Maskin's theorem (Maskin, 1999) is shown using a mechanism with Saijo's type of strategy space reduction (Saijo, 1988), this paper fully characterizes the class of Nash-implementable social choice...
Persistent link: https://www.econbiz.de/10014195916
This paper extends the analysis of liberal principles in social choice recently proposed by Mariotti and Veneziani (2009a) to infinitely-lived societies. First, a novel characterisation of the inegalitarian leximax social welfare relation is provided based on the Individual Benefit Principle,...
Persistent link: https://www.econbiz.de/10014205507