In this paper we review recent developments in axiomatic studies of Marxian exploitation theory. First, given the acute controversy over the formal definition of exploitation during the 1970-1990s, we review the study of the axiomatic framework, which identifies some fundamental properties -...

Noting that a full characterization of Nash-implementation is given using a canonical-mechanism and Maskin''s theorem (Maskin, 1999) is shown using a mechanism with Saijo''s type of strategy space reduction (Saijo, 1988), this paper fully characterizes the class of Nash-implementable social...

The paper proposes necessary and sufficient conditions for the natural implementation of(efficient) social choice correspondences (SCCs) in pure finite exchange economies when some ofthe agents are partially honest. A partially honest agent is an agent who strictly prefers to tellthe truth when...

The paper proposes necessary and sufficient conditions for the natural implementation of(efficient) social choice correspondences (SCCs) in pure finite exchange economies when some ofthe agents are partially honest. A partially honest agent is an agent who strictly prefers to tellthe truth when...

Noting that a full characterization of Nash-implementation is given using a canonical-mechanism and Maskin''s theorem (Maskin, 1999) is shown using a mechanism with Saijo''s type of strategy space reduction (Saijo, 1988), this paper fully characterizes the class of Nash-implementable social...