Showing 1 - 10 of 16
We address the problem of learning and implementation on the Internet. When agents play repeated games in distributed … context. Finally, we discuss implementation of social choice functions with these solution concepts. …
Persistent link: https://www.econbiz.de/10010334355
In a correlated equilibrium, the players' choice of actions is affected by random, correlated messages that they receive from an outside source, or mechanism. This allows for more equilibrium outcomes than without such messages (pure-strategy equilibrium) or with statistically independent ones...
Persistent link: https://www.econbiz.de/10010336013
performance. It is proposed that the local implementation of these general standards from outside the organization will likely … lead to a variety of firm-specific implementation trajectories, ultimately leading to different levels of VSS … implementation extensiveness across firms. This variety that is not sufficiently addressed in extant research, is researched in the …
Persistent link: https://www.econbiz.de/10011585615
rationalizable implementation. Set-monotonicity is much weaker than Maskin monotonicity, which is the key condition for Nash … implementation and which also had been shown to be necessary for rationalizable implementation of social choice functions. Set …-monotonicity reduces to Maskin monotonicity in the case of functions. We conclude that the conditions for rationalizable implementation are …
Persistent link: https://www.econbiz.de/10011669323
The development and implementation of an efficient institutional food procurement programme (IFPP) - which aims to link …
Persistent link: https://www.econbiz.de/10012030387
-ante implementable social choice functions. This holds for a large set of implementation standards, including Nash implementation, and …
Persistent link: https://www.econbiz.de/10010263205
common-pool resources, and rotation procedures in fair division problems. We study rotation programs via the implementation … between two consecutive states. We provide characterizing conditions for the implementation in rotation programs and show that …, for multi-valued rules, our notion of rotation monotonicity is necessary and sufficient for implementation. Finally, we …
Persistent link: https://www.econbiz.de/10012605973
We study Pareto optimal tax and education policies when human capital upon labor market entry is endogenous and individuals face wage uncertainty. Though optimal labor distortions are history-dependent, i.e. depend on income and education, simple policy instruments can yield the desired...
Persistent link: https://www.econbiz.de/10010316898
This paper analyzes how all-pay auctions with endogenous prizes can be used to provide effort incentives. We show that wide classes of effort distributions can be implemented as equilibrium outcomes of such games. We also ask how all-pay auctions have to be structured so as to induce high...
Persistent link: https://www.econbiz.de/10010316920
increasing social assistance expenditures. This study investigates the practical implementation of municipal activation policies … accountability. Findings from this study suggest that the implementation practices in Skärholmen and Osby frequently diverge from …
Persistent link: https://www.econbiz.de/10010317911