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Nash-implementation of the weak Pareto choice rule for indecomposable environments

Author

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  • Hiroaki Osana

    (Department of Economics, Keio University, 2-15-45 Mita, Minato-ku, Tokyo 108, Japan)

Abstract

A feasible mechanism is constructed which weakly Nash-implements the weak Pareto choice rule over a certain class of indecomposable pure-exchange environments, where there may be no private goods whose consumption has no external effects.

Suggested Citation

  • Hiroaki Osana, 1997. "Nash-implementation of the weak Pareto choice rule for indecomposable environments," Review of Economic Design, Springer;Society for Economic Design, vol. 3(1), pages 57-74.
    • Handle: RePEc:spr:reecde:v:3:y:1997:i:1:p:57-74
    Note: Received: 30 November 1995 / Accepted: 24 June 1997
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    Citations

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    Cited by:

    1. Tian, Guoqiang, 2009. "Implementation of Pareto efficient allocations," Journal of Mathematical Economics, Elsevier, vol. 45(1-2), pages 113-123, January.
    2. Matthew O. Jackson, 2001. "A crash course in implementation theory," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 18(4), pages 655-708.

    More about this item

    Keywords

    Feasible mechanism; Nash implementation; weak Pareto choice rule; indecomposable environments;
    All these keywords.

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • D52 - Microeconomics - - General Equilibrium and Disequilibrium - - - Incomplete Markets
    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
    • D62 - Microeconomics - - Welfare Economics - - - Externalities

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