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Nash implementation by stochastic mechanisms: a simple full characterization

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  • Siyang Xiong

Abstract

We study Nash implementation by stochastic mechanisms, and provide a surprisingly simple full characterization, which is in sharp contrast to the classical, albeit complicated, full characterization in Moore and Repullo (1990).

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  • Siyang Xiong, 2022. "Nash implementation by stochastic mechanisms: a simple full characterization," Papers 2211.05431, arXiv.org.
    • Handle: RePEc:arx:papers:2211.05431
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    1. Mezzetti, Claudio & Renou, Ludovic, 2012. "Implementation in mixed Nash equilibrium," Journal of Economic Theory, Elsevier, vol. 147(6), pages 2357-2375.
    2. Bhaskar Dutta & Arunava Sen, 1991. "A Necessary and Sufficient Condition for Two-Person Nash Implementation," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 58(1), pages 121-128.
    3. Chen, Yi-Chun & Kunimoto, Takashi & Sun, Yifei & Xiong, Siyang, 2022. "Maskin meets Abreu and Matsushima," Theoretical Economics, Econometric Society, vol. 17(4), November.
    4. Jain, Ritesh, 2021. "Rationalizable implementation of social choice correspondences," Games and Economic Behavior, Elsevier, vol. 127(C), pages 47-66.
    5. Moore, John & Repullo, Rafael, 1990. "Nash Implementation: A Full Characterization," Econometrica, Econometric Society, vol. 58(5), pages 1083-1099, September.
    6. repec:hal:pseose:halshs-00754592 is not listed on IDEAS
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