Nash implementation theory -- A note on full characterizations
The first full characterization of social choice correspondences that are implementable in Nash equilibrium, given in Moore and Repullo (1990), together with the working principle behind an algorithm to check this condition, given in Sjöström (1991), can be used to give a simple necessary and sufficient condition for implementation that is a generalization of monotonicity.
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References listed on IDEAS
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- Benoit, Jean-Pierre & Ok, Efe A., 2006. "Maskin's Theorem with limited veto power," Games and Economic Behavior, Elsevier, vol. 55(2), pages 331-339, May.
- Danilov, Vladimir, 1992. "Implementation via Nash Equilibria," Econometrica, Econometric Society, vol. 60(1), pages 43-56, January.
- Eric Maskin, 1999. "Nash Equilibrium and Welfare Optimality," Review of Economic Studies, Oxford University Press, vol. 66(1), pages 23-38.
- Yamato, Takehiko, 1992. "On nash implementation of social choice correspondences," Games and Economic Behavior, Elsevier, vol. 4(3), pages 484-492, July.
- Moore, John & Repullo, Rafael, 1990. "Nash Implementation: A Full Characterization," Econometrica, Econometric Society, vol. 58(5), pages 1083-99, September.
- Bhaskar Dutta & Arunava Sen, 1991. "A Necessary and Sufficient Condition for Two-Person Nash Implementation," Review of Economic Studies, Oxford University Press, vol. 58(1), pages 121-128.
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