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Econometrica Vol. 60 No. 1 1992

Implementation Via Nash Equilibria

Vladimir Danilov

Abstract

This paper is concerned with a problem of implementation of a given social choice correspondence. The authors introduces an essential monotonicity condition and show that any implementable social choice correspondence satisfies this condition. Conversely, in a case of three or more participants, any essentially monotone social choice correspondence is implementable. In a case of two participants, the essential monotonicity condition must be completed by a requirement that the social choice correspondence is close to an individually rational correspondence.

DOI
10.2307/2951675
Volume
60
Issue
1
Pages
43
Sources
bibtex:phds-export.bib crossref openalex

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