equivalent (implying that so are the theory of implementation and the Nash program). This facilitates the understanding of the … ``real implementation'' is examined. …

We perform an experimental test of Maskin's canonical mechanism for Nash implementation, using 3 subjects in non … some explanations for the imperfect implementation, including risk preferences, the possibilities that agents have for …

This paper studies the equilibrating process of several implementation mechanisms using naive adaptive dynamics. We … show that the dynamics converge and are stable, for the canonical mechanism of implementation in Nash equilibrium. In this … implementation with refined equilibrium concepts have claimed that the mechanisms they propose are ``simple'' and implement …

implementation. This is done through a reinterpretation of the characteristic function that avoids feasibility problems, thereby … cooperative solution that is Maskin monotonic. Thus, implementation of most cooperative solutions must rely on refinements of the …

arising from within its society. Integration occurred when a number of nation– states shared similar political objectives …

the face of competitive pressures. The resulting firm integration is neither horizontal nor vertical but rather congeneric … integration of firms in related industries. We endogenize the industrial conglomeration structure and examine the effects of … quo. We also show that strategic firm integration can occur even in the presence of diseconomies of scope. The model helps …