A simple proof of Maskin's theorem on Nash implementation (Q1089233): Difference between revisions
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Revision as of 23:44, 13 February 2024
scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | A simple proof of Maskin's theorem on Nash implementation |
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A simple proof of Maskin's theorem on Nash implementation (English)
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1987
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This paper gives a simple proof of the following result, which is due to \textit{E. Maskin} [''Nash equilibrium and welfare optimality'', to appear]: If an n-person social choice rule f, with \(n\geq 3\), satisfies monotonicity and no veto power, then f can be implemented in Nash equilibria.
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n-person social choice rule
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monotonicity
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no veto power
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Nash equilibria
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