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Commentary: Nash equilibrium and mechanism design

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  • Maskin, Eric

Abstract

I argue that the principal theoretical and practical drawbacks of Nash equilibrium as a solution concept are far less troublesome in problems of mechanism design than in most other applications of game theory.

Suggested Citation

  • Maskin, Eric, 2011. "Commentary: Nash equilibrium and mechanism design," Games and Economic Behavior, Elsevier, vol. 71(1), pages 9-11, January.
  • Handle: RePEc:eee:gamebe:v:71:y:2011:i:1:p:9-11
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    Cited by:

    1. repec:spr:grdene:v:23:y:2014:i:3:d:10.1007_s10726-013-9341-y is not listed on IDEAS
    2. Dmitry Levando, 2017. "Formation of coalition structures as a non-cooperative game," Documents de travail du Centre d'Economie de la Sorbonne 17015, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
    3. Davoud Taghawi-Nejad & Vipin P. Veetil, 2017. "The Complexity of Coordination," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 43(2), pages 260-270, March.
    4. Dmitry Levando, 2016. "Non-cooperative equilibrium with multiple deviators," Working Papers 2016:15, Department of Economics, University of Venice "Ca' Foscari".
    5. Dmitry Levando, 2017. "Formation of coalition structures as a non-cooperative game," Documents de travail du Centre d'Economie de la Sorbonne 17015r, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne, revised May 2017.
    6. Dmitry Levando, 2017. "Formation of Coalition Structures as a Non-Cooperative Game," HSE Working papers WP BRP 157/EC/2017, National Research University Higher School of Economics.
    7. Dmitry Levando, 2017. "Formation of coalition structures as a non-cooperative game," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-01491935, HAL.

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