• 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