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In this paper, we reexamine Eliaz's results (2002) of fault tolerantimplementation on one hand and we extend theorems 1 and 2 of Doghmi and Ziad (2008a) to bounded rationality environments, on the other. We identify weak versions of thek-no veto power condition, in conjunction with unanimity and...
Persistent link: https://www.econbiz.de/10009022175
In exchange economies with single-peaked preferences, we find that: (1) several solutions satisfy Theorem 1 of Doghmi and Ziad [Doghmi, A., Ziad, A., 2008-this issue. Reexamination of Maskin's theorem on Nash implementability. Economics Letters.], (2) strict monotonicity is equivalent to Maskin...
Persistent link: https://www.econbiz.de/10005355543
We reexamine Maskin's Theorem by proposing slight modifications on Maskin's conditions of monotonicity and no veto power. We show that any social choice correspondence (SCC) that satisfies strict monotonicity, strict no veto power and unanimity can be implemented in Nash equilibria.
Persistent link: https://www.econbiz.de/10005361701
In this paper, we reexamine Eliaz's results (2002) of fault tolerant implementation on one hand and we extend theorems 1 and 2 of Doghmi and Ziad (2008 a) to bounded rationality environments, on the other. We identify weak versions of the k-no veto power condition, in conjunction with unanimity...
Persistent link: https://www.econbiz.de/10003883017
Persistent link: https://www.econbiz.de/10010228594
Persistent link: https://www.econbiz.de/10008057554
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Persistent link: https://www.econbiz.de/10008893298
Persistent link: https://www.econbiz.de/10008893300
In this paper, we reexamine Eliaz's results (2002) of fault tolerant implementation on one hand and we extend theorems 1 and 2 of Doghmi and Ziad (2008a) to bounded rationality environments, on the other. We identify weak versions of the k-no veto power condition, in conjunction with unanimity...
Persistent link: https://www.econbiz.de/10008512520