A solution to the two-person implementation problem

نویسندگان

چکیده

We propose strike mechanisms as a solution to the classical problem of Hurwicz and Schmeidler (1978) Maskin (1999) according which, in two-person societies, no Pareto efficient rule is Nash-implementable. A mechanism specifies number alternatives that each player vetoes. Each simultaneously casts these vetoes selects randomly one alternative among non-vetoed ones. For strict preferences over under very weak condition for extending lotteries, are deterministic-in-equilibrium. They Nash implement class social choice rules called Pareto-and-veto rules. Moreover, mild richness conditions on domain any Nash-implementable hence implementable through mechanism.

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ژورنال

عنوان ژورنال: Journal of Economic Theory

سال: 2021

ISSN: ['1095-7235', '0022-0531']

DOI: https://doi.org/10.1016/j.jet.2021.105261