Double implementation in economies with production technologies unknown to the designer

B-Tier
Journal: Economic Theory
Year: 1999
Volume: 13
Issue: 3
Pages: 689-707

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

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

Abstract

This paper considers double implementation of Walrasian allocations and Lindahl allocations in Nash and strong Nash equilibria for both private and public goods economies when preferences, initial endowments, production technologies, and coalition patterns are all unknown to the designer. It will be noted that the mechanisms presented here are feasible and continuous. In addition, unlike most mechanisms proposed in the literature, our mechanism works not only for three or more agents, but also for two-agent economies, and thus it is a unified mechanism which is irrespective of the number of agents.

Technical Details

RePEc Handle
repec:spr:joecth:v:13:y:1999:i:3:p:689-707
Journal Field
Theory
Author Count
1
Added to Database
2026-01-29