Abstract

In this paper we study the problem of the Nash implementation in private good economies when preferences are single-dipped by allowing multiple best indifferent elements. We give a full characterization in this domain by showing that a social choice correspondence (SCC) is Nash implementable if and only if satisfies Maskin monotonicity. To support this result, we give examples of some well-known SCCs that satisfying or not satisfying Maskin's proprieties.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.