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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| Main Authors: | , , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2022
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| Subjects: | |
| 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 |