Implementation in minimax regret equilibrium

B-Tier
Journal: Games and Economic Behavior
Year: 2011
Volume: 71
Issue: 2
Pages: 527-533

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This Note studies the problem of implementing social choice correspondences in environments where individuals have doubts about the rationality of their opponents. We postulate the concept of [epsilon]-minimax regret as our solution concept and show that social choice correspondences that are Maskin monotonic and satisfy the no-veto power condition are implementable in [epsilon]-minimax regret equilibrium for all [epsilon][set membership, variant][0,1).

Technical Details

RePEc Handle
repec:eee:gamebe:v:71:y:2011:i:2:p:527-533
Journal Field
Theory
Author Count
2
Added to Database
2026-01-29