WALRASIAN AND CONSTRAINED WALRASIAN CORRESPONDENCES AND NASH IMPLEMENTATION

Authors
HONG L
Citation
L. Hong, WALRASIAN AND CONSTRAINED WALRASIAN CORRESPONDENCES AND NASH IMPLEMENTATION, Economics letters, 44(3), 1994, pp. 255-259
Citations number
8
Categorie Soggetti
Economics
Journal title
Economics letters → ACNP
ISSN journal
01651765
Volume
44
Issue
3
Year of publication
1994
Pages
255 - 259
Database
ISI
SICI code
0165-1765(1994)44:3<255:WACWCA>2.0.ZU;2-2
Abstract
This paper investigates the following classical question: Under what c onditions are all Pareto-efficient and individually rational Nash allo cations of some mechanism Walrasian or constrained Walrasian allocatio ns? The work is largely motivated by Hurwicz (Journal of Economic Theo ry, 1979, 21, 140-165).