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Benoît and Ok (Games Econ Behav 64:51–67, <CitationRef CitationID="CR1">2008</CitationRef>) show that in a society with at least three agents any weakly unanimous social choice correspondence (SCC) is Maskin’s monotonic if and only if it is Nash-implementable via a simple stochastic mechanism (Benoît-Ok’s Theorem). This paper...</citationref>
Persistent link: https://www.econbiz.de/10010994720
This paper examines the implementation of two public ownership solutions in convex production economies with differentiable production functions. The two public ownership solutions we focus on are the proportional and equal benefit solutions. Two "natural" mechanisms which doubly implement the...
Persistent link: https://www.econbiz.de/10005370552
Persistent link: https://www.econbiz.de/10005596561