Integrating the Nash program into mechanism theory
The present paper provides a method by which the Nash Program may be embedded into mechanism theory. It is shown that any result stating the support of any solution of a cooperative game in coalitional form by a Nash equilibrium of some suitable game in strategic form can be used to derive the mechanism theoretic Nash-implementation of that solution.
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Volume (Year): 7 (2002)
Issue (Month): 1 ()
|Note:||Received: 29 June 1999 / Accepted: 3 April 2002|
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References listed on IDEAS
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- Nir Dagan & Roberto Serrano, 1997.
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Economics Working Papers
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- Roberto Serrano, 1996. "A comment on the Nash program and the theory of implementation," Economics Working Papers 161, Department of Economics and Business, Universitat Pompeu Fabra.
- Nash, John, 1953. "Two-Person Cooperative Games," Econometrica, Econometric Society, vol. 21(1), pages 128-140, April.
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- William Thomson, 1996.
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The Japanese Economic Review,
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- Jackson, Matthew O. & Palfrey, Thomas R., 1999.
1077, California Institute of Technology, Division of the Humanities and Social Sciences.
- Walter Trockel, 2000. "Implementations of the Nash solution based on its Walrasian characterization," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 16(2), pages 277-294.
- Howard, J. V., 1992. "A social choice rule and its implementation in perfect equilibrium," Journal of Economic Theory, Elsevier, vol. 56(1), pages 142-159, February.
- Bergin, James & Duggan, John, 1999. "An Implementation-Theoretic Approach to Non-cooperative Foundations," Journal of Economic Theory, Elsevier, vol. 86(1), pages 50-76, May.
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