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

Two examples to break through classical theorems on Nash implementation with two agents

Contents:

Author Info

  • Wu, Haoyang

Abstract

[E. Maskin, \emph{Rev. Econom. Stud.} \textbf{66} (1999) 23-38] is a seminal paper in the field of mechanism design and implementation theory. [J. Moore and R. Repullo, \emph{Econometrica} \textbf{58} (1990) 1083-1099] and [B. Dutta and A. Sen, \emph{Rev. Econom. Stud.} \textbf{58} (1991) 121-128] are two fundamental papers on two-player Nash implementation. Recently, [H. Wu, http://arxiv.org/pdf/1004.5327v1 ] proposed a classical algorithm to break through Maskin's theorem for the case of many agents. In this paper, we will give two examples to break through the aforementioned results on two-agent Nash implementation by virtue of Wu's algorithm. There are two main contributions of this paper: 1) A two-player social choice rule (SCR) that satisfies Condition $\mu2$ cannot be Nash implemented if an additional Condition $\lambda'$ is satisfied. 2) A non-dictatorial two-player weakly pareto-optimal SCR is Nash implementable if Condition $\lambda'$ is satisfied. Although the former is negative for the economic society, the latter is just positive. Put in other words, some SCRs which are traditionally viewed as not be Nash implementable may be Nash implemented now.

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/22670/
File Function: original version
Download Restriction: no

Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 22670.

as in new window
Length:
Date of creation: 2010
Date of revision:
Handle: RePEc:pra:mprapa:22670

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; Mechanism design; Implementation theory; Nash implementation; Maskin monotonicity.;

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:22670. 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.