Juarez, Ruben; Kumar, Rajnish - Department of Economics, University of Hawaii-Manoa - 2010
network formed among the participants. We introduce two new properties of implementation. The first property, Pareto Nash … Implementation (PNI), requires that the efficient outcome is always implemented in a Nash equilibrium, and that the efficient outcome … rules that meet PNI. These mechanisms are also characterized under Strong Nash Implementation. The second property, Weakly …