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Subgame perfect implementation: A new result

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  • Wu, Haoyang

Abstract

This paper concerns what will happen if quantum mechanics is concerned in subgame perfect implementation. The main result is: When additional conditions are satisfied, the traditional characterization on subgame perfect implementation shall be amended by virtue of a quantum stage mechanism. Furthermore, by using an algorithmic stage mechanism, this amendment holds in the macro world too.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 30286.

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Date of creation: 13 Apr 2011
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Handle: RePEc:pra:mprapa:30286

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Keywords: Mechanism design; Subgame perfect implementation; Quantum game theory.;

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  1. Moore, John & Repullo, Rafael, 1988. "Subgame Perfect Implementation," Econometrica, Econometric Society, Econometric Society, vol. 56(5), pages 1191-1220, September.
  2. Eric Maskin, 1998. "Nash Equilibrium and Welfare Optimality," Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research 1829, Harvard - Institute of Economic Research.
  3. Wu, Haoyang, 2011. "On amending the sufficient conditions for Nash implementation," MPRA Paper 30067, University Library of Munich, Germany.
  4. Abreu, Dilip & Sen, Arunava, 1990. "Subgame perfect implementation: A necessary and almost sufficient condition," Journal of Economic Theory, Elsevier, Elsevier, vol. 50(2), pages 285-299, April.
  5. Vartiainen, Hannu, 2007. "Subgame perfect implementation: A full characterization," Journal of Economic Theory, Elsevier, Elsevier, vol. 133(1), pages 111-126, March.
  6. Wu, Haoyang, 2011. "Two-agent Nash implementation: A new result," MPRA Paper 30068, University Library of Munich, Germany.
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