Commentary: Nash equilibrium and mechanism design

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.

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Year of publication:	2011
Authors:	Maskin, Eric
Published in:	Games and Economic Behavior. - Elsevier, ISSN 0899-8256. - Vol. 71.2011, 1, p. 9-11
Publisher:	Elsevier
Keywords:	Nash equilibrium Mechanism design Solution concept

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008865859