A Characterization of Game-Theoretic Solutions Which Lead to Impossibility Theorems

S-Tier
Journal: Review of Economic Studies
Year: 1996
Volume: 63
Issue: 1
Pages: 23-38

Authors (2)

Matthew O. Jackson (Stanford University) Sanjay Srivastava (not in RePEc)

Score contribution per author:

4.022 = (α=2.01 / 2 authors) × 4.0x S-tier

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

Abstract

For some game-theoretic solution concepts, such as dominant strategies, Nash equilibrium, and undominated strategies, only dictatorial social choice functions are implementable on a full domain of preferences with at least three alternatives. For other solution concepts, such as the iterative removal of weakly dominated strategies, undominated Nash equilibrium, and maximin, it is possible to implement non-dictatorial social choice functions. Which aspects of solution concepts accounts for these differences? We answer this question by providing a characterization of solution concepts which lead to impossibility results.

Technical Details

RePEc Handle
repec:oup:restud:v:63:y:1996:i:1:p:23-38.
Journal Field
General
Author Count
2
Added to Database
2026-01-25