Advanced Search
MyIDEAS: Login to save this paper or follow this series

A classical algorithm to break through Maskin's theorem for small-scale cases

Contents:

Author Info

  • Wu, Haoyang

Abstract

Quantum mechanics has been applied to game theory for years. A recent work [H. Wu, Quantum mechanism helps agents combat ``bad'' social choice rules. \emph{International Journal of Quantum Information}, 2010 (accepted). Also see http://arxiv.org/pdf/1002.4294v3] has generalized quantum mechanics to the theory of mechanism design (a reverse problem of game theory). Although the quantum mechanism is theoretically feasible, agents cannot benefit from it immediately due to the restriction of current experimental technologies. In this paper, a classical algorithm is proposed to help agents combat ``bad'' social choice rules immediately. The algorithm works well when the number of agents is not very large (e.g., less than 20). Since this condition is acceptable for small-scale cases, it can be concluded that the Maskin's sufficiency theorem has been broken through for small-scale cases just right now. In the future, when the experimental technologies for quantum information are commercially available, the Wu's quantum mechanism will break through the Maskin's sufficiency theorem completely.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://mpra.ub.uni-muenchen.de/22402/
File Function: original version
Download Restriction: no

Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 22402.

as in new window
Length:
Date of creation: 22 Apr 2010
Date of revision:
Handle: RePEc:pra:mprapa:22402

Contact details of provider:
Postal: Schackstr. 4, D-80539 Munich, Germany
Phone: +49-(0)89-2180-2219
Fax: +49-(0)89-2180-3900
Web page: http://mpra.ub.uni-muenchen.de
More information through EDIRC

Related research

Keywords: Quantum games; Prisoners' Dilemma; Mechanism design.;

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:22402. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.