Maskin meets Abreu and Matsushima
We study the classical Nash implementation problem due to Maskin (1999), but allow for the use of lottery and monetary transfer as in Abreu and Matsushima (1992, 1994). We therefore unify two well-established but somewhat orthogonal approaches of implementation theory. We first show that Maskin mono...
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Main Authors: | , , , |
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2018
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Subjects: | |
Online Access: | https://ink.library.smu.edu.sg/soe_research/2273 https://ink.library.smu.edu.sg/context/soe_research/article/3272/viewcontent/Maskin_meets_Abreu_may_16_2018_wp.pdf |
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Institution: | Singapore Management University |
Language: | English |