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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 …
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(θ). We find that r -monotonicity is a necessary condition for the rationalizable implementation of a SCC. When there are at … implementation. Finally, we show that a SCC which is never single-valued is rationalizably implementable if and only if it satisfies …
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The revelation principle is a fundamental theorem in many economics fields. In this paper, we construct a simple labor model to show that a social choice function which can be implemented costly in Bayesian Nash equilibrium may not be truthfully implementable. The key point is the strategy cost...
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Representations of constitutions -- to Part I -- Constitutions, effectivity functions, and game forms -- Nash consistent representations -- Acceptable representations -- Strongly consistent representations -- Nash consistent representation through lottery models -- On the continuity of...
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