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A Full Characterization of Nash Implementation with Strategy Space Reduction

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  • Lombardi Michele
  • Yoshihara Naoki

    (METEOR)

Abstract

Noting that a full characterization of Nash-implementation is given using a canonical-mechanism and Maskin''s theorem (Maskin, 1999) is shown using a mechanism with Saijo''s type of strategy space reduction (Saijo, 1988), this paper fully characterizes the class of Nash-implementable social choice correspondences (SCCs) by mechanisms with the strategy space reduction, which is further shown to be equivalent to the class of Nash-implementable SCCs.

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Bibliographic Info

Paper provided by Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR) in its series Research Memorandum with number 023.

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Date of creation: 2010
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Handle: RePEc:unm:umamet:2010023

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Keywords: microeconomics ;

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Cited by:
  1. Lombardi, Michele & Yoshihara, Naoki, 2011. "Partially-honest Nash implementation: Characterization results," CCES Discussion Paper Series 43, Center for Research on Contemporary Economic Systems, Graduate School of Economics, Hitotsubashi University.
  2. Lombardi, Michele & Yoshihara, Naoki, 2013. "Partially Honest Nash Implementation: A Full Characterization," Discussion Paper Series 590, Institute of Economic Research, Hitotsubashi University.
  3. Lombardi, Michele & Yoshihara, Naoki, 2012. "Natural Implementation with Partially Honest Agents," Discussion Paper Series 561, Institute of Economic Research, Hitotsubashi University.
  4. Lombardi, Michele, 2010. "Two-agent Nash implementation with partially-honest agents: Almost Full Characterizations," MPRA Paper 27834, University Library of Munich, Germany.
  5. Lombardi, Michele & Yoshihara, Naoki, 2013. "Natural implementation with partially honest agents in economic environments," MPRA Paper 48294, University Library of Munich, Germany.
  6. Michele Lombardi, 2012. "Nash implementation via simple stochastic mechanisms: strategy space reduction," Review of Economic Design, Springer, vol. 16(4), pages 297-309, December.

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