Rationalizable implementation

A-Tier
Journal: Journal of Economic Theory
Year: 2011
Volume: 146
Issue: 3
Pages: 1253-1274

Score contribution per author:

1.341 = (α=2.01 / 3 authors) × 2.0x A-tier

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

Abstract

We consider the implementation of social choice functions under complete information in rationalizable strategies. A strict version of the monotonicity condition introduced by Maskin is necessary under the solution concept of rationalizability. Assuming the social choice function is responsive, i.e. in distinct states it selects distinct outcomes, we show that strict Maskin monotonicity is also sufficient under a mild "no worst alternative" condition. In particular, no economic condition is required. We discuss how our results extend when the social choice function is not responsive.

Technical Details

RePEc Handle
repec:eee:jetheo:v:146:y:2011:i:3:p:1253-1274
Journal Field
Theory
Author Count
3
Added to Database
2026-01-24