Virtual Repeated Implementation
We show that in the context of repeated implementation, any social choice rule which realizes all alternatives for a positive (yet arbitrarily small) amount of time is Nash implementable. The results complement those of the virtual implementation literature.
|Date of creation:||Sep 2003|
|Date of revision:|
|Publication status:||Published: published in Economic Letters 83 (2004) pp. 263-268.|
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|Order Information:|| Postal: Working Paper Assistant, Division of the Humanities and Social Sciences, 228-77, Caltech, Pasadena CA 91125|
References listed on IDEAS
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- Eric Maskin, 1999. "Nash Equilibrium and Welfare Optimality," Review of Economic Studies, Oxford University Press, vol. 66(1), pages 23-38.
- Matthew O. Jackson, 2001.
"A crash course in implementation theory,"
Social Choice and Welfare,
Springer;The Society for Social Choice and Welfare, vol. 18(4), pages 655-708.
- Ehud Kalai & John O. Ledyard, 1997.
1205, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Abreu, Dilip & Sen, Arunava, 1991. "Virtual Implementation in Nash Equilibrium," Econometrica, Econometric Society, vol. 59(4), pages 997-1021, July.
- Matsushima, Hitoshi, 1988. "A new approach to the implementation problem," Journal of Economic Theory, Elsevier, vol. 45(1), pages 128-144, June.
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