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A mechanism implements a social choice correspondence f in mixed Nash equilibrium if at any preference profile, the set of all pure and mixed Nash equilibriumoutcomes coincides with the set of f-optimal alternatives at that preference profile. This definition generalizes Maskin’s definition of...
Persistent link: https://www.econbiz.de/10003866571
A mechanism implements a social choice correspondence f in mixed Nash equilibrium if at any preference profile, the set of all pure and mixed Nash equilibrium outcomes coincides with the set of f-optimal alternatives at that preference profile. This definition generalizes Maskin's definition of...
Persistent link: https://www.econbiz.de/10003885872
This note studies the problem of implementing social choice correspondences in environments where individuals have doubts about the rationality of their opponents. We postulate the concept of "-minimax regret as our solution concept and show that social choice correspondences that are Maskin...
Persistent link: https://www.econbiz.de/10003898916
Persistent link: https://www.econbiz.de/10009553189
Persistent link: https://www.econbiz.de/10009692148
A mechanism implements a social choice correspondence f in mixed Nash equilibrium if at any preference profile, the set of all pure and mixed Nash equilibrium outcomes coincides with the set of f-optimal alternatives at that preference profile. This definition generalizes Maskin's definition of...
Persistent link: https://www.econbiz.de/10013152860
This paper studies full implementation problems in (pure and mixed) Nash equilibrium in finite environments. We restrict the designer to adopt<I>finite</I> mechanisms, thus ruling out integer games. We provide a condition, top-<I>D</I> inclusiveness, that together with set-monotonicity is sufficient for mixed...</i></i>
Persistent link: https://www.econbiz.de/10013100420