Maskin meets Abreu and Matsushima

Maskin meets Abreu and Matsushima

The theory of full implementation has been criticized for using integer/modulo games, which admit no equilibrium (Jackson (1992)). To address the critique, we revisit the classical Nash implementation problem due to Maskin (1977, 1999) but allow for the use of lotteries and monetary transfers as in...

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Bibliographic Details
Main Authors: CHEN, Yi-Chun, KUNIMOTO, Takashi, SUN, Yifei, XIONG, Siyang
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2022
Subjects:
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full implementation
information perturbations
Maskin monotonicity
mixed-strategy Nash equilibrium
social choice function.
Economic Theory
Online Access:https://ink.library.smu.edu.sg/soe_research/2655
https://ink.library.smu.edu.sg/context/soe_research/article/3654/viewcontent/4255_35309_1_PB.pdf
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Institution: Singapore Management University
Language: English

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https://ink.library.smu.edu.sg/soe_research/2655
https://ink.library.smu.edu.sg/context/soe_research/article/3654/viewcontent/4255_35309_1_PB.pdf

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