Cabrales, Antonio; Charness, Gary; Corchón, Luis - Department of Economics and Business, Universitat … - 1998
We perform an experimental test of Maskin's canonical mechanism for Nash implementation, using 3 subjects in non … comprehend their decision tasks. The performance can also be improved by imposing a fine on non designated dissidents. We offer … some explanations for the imperfect implementation, including risk preferences, the possibilities that agents have for …