Maskin meets Abreu and Matsushima

• Main Authors: CHEN, Yi-Chun, KUNIMOTO, Takashi, SUN, Yifei, XIONG, Siyang
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 2018
• 主題: Economic Theory
• 在線閱讀: 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

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...