Title of article :
On the necessary and sufficient conditions for Nash implementation
Author/Authors :
Abderrahmane Ziad، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 1997
Pages :
5
From page :
209
To page :
213
Abstract :
In a recent work, Ziad (Ziad, A., 1997. A New Necessary Condition for Nash Implementation. To appear in the Journal Of Mathematical Economics) has defined a new condition for the problem of implementation of a social choice correspondence. He has formulated a family of conditions called Bk-monotonicity that are necessary for Nash implementation, where k is a natural number that indexes a particular condition. The Bk-monotonicity is in general a stronger condition than Maskin monotonicity, but is necessary for implementation. In this note we improve the algorithms proposed by Sjöström (Sjöström, T., 1991. On the necessary and sufficient conditions for Nash implementation. Soc Choice Welfare 8, 333–340) to determine a condition which is necessary and sufficient for implementation. The main result is that in some non implementability cases we do not have to repeat the operation of Sjöström algorithms up to their terminations.
Keywords :
Maskin-monotonicity , Social choice correspondence , Nash implementation
Journal title :
Economics Letters
Serial Year :
1997
Journal title :
Economics Letters
Record number :
434390
Link To Document :
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