A simple sufficient condition for strong implementation

A-Tier
Journal: Journal of Economic Theory
Year: 2013
Volume: 148
Issue: 5
Pages: 2183-2193

Score contribution per author:

4.022 = (α=2.01 / 1 authors) × 2.0x A-tier

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

Abstract

In an important step forward Maskin [E. Maskin, Nash equilibrium and welfare optimality, Rev. Econ. Stud. 66 (1999) 23–38] showed that two properties – monotonicity and no veto power – are together sufficient for Nash implementation. In contrast to the vast literature that followed, this characterization has two major advantages: First, it is often easy to verify, and second, it has an elegant and simple interpretation. However, there does not exist a similar condition for social choice correspondences that are implementable in strong equilibrium. All existing characterizations are either hard to verify or apply only to comprehensive preference domains. In this paper we improve the situation by giving one such condition. Moreover, using well-known examples we show that this is a practical tool.

Technical Details

RePEc Handle
repec:eee:jetheo:v:148:y:2013:i:5:p:2183-2193
Journal Field
Theory
Author Count
1
Added to Database
2026-01-25