Showing 1 - 9 of 9
We come close to characterizing the class of social choice correspondences that are implementable in rationalizable strategies. We identify a new condition, which we call set-monotonicity, and show that it is necessary and almost sufficient for rationalizable implementation. Set-monotonicity is...
Persistent link: https://www.econbiz.de/10011483605
Persistent link: https://www.econbiz.de/10012128365
Persistent link: https://www.econbiz.de/10001675348
Persistent link: https://www.econbiz.de/10001961981
We assess the strength of the different conditions identified in the literature of robust mechanism design. We focus on three conditions: ex post incentive compatibility, robust monotonicity, and robust measurability. Ex post incentive compatibility has been shown to be necessary for any concept...
Persistent link: https://www.econbiz.de/10008669301
Implementation in iteratively undominated strategies relies on permissive conditions. However, for the sufficiency results available, authors have relied on assumptions that amount to quasilinear preferences on a numeraire. We uncover a new necessary condition that implies that such assumptions...
Persistent link: https://www.econbiz.de/10008669365
Persistent link: https://www.econbiz.de/10009726494
Persistent link: https://www.econbiz.de/10009412849
Persistent link: https://www.econbiz.de/10003473553