On constant Maskin monotonic social choice functions (Q1096516): Difference between revisions

A social choice function satisfying a ``dual dominance'' condition is Maskin monotonic if and only if it is constant. Hence, any non-constant social choice function satisfying dual dominance is not Nash implementable. Among the important examples are all social choice functions on unrestricted domains. On the other hand, non-constant social choice functions such as a Walrasian performance function in economic environments need not satisfy dual dominance.