A NEW NECESSARY CONDITION FOR NASH IMPLEMENTATION

Authors
Citation
A. Ziad, A NEW NECESSARY CONDITION FOR NASH IMPLEMENTATION, Journal of mathematical economics, 29(4), 1998, pp. 381-387
Citations number
10
Categorie Soggetti
Social Sciences, Mathematical Methods",Economics,Mathematics,Mathematics
ISSN journal
03044068
Volume
29
Issue
4
Year of publication
1998
Pages
381 - 387
Database
ISI
SICI code
0304-4068(1998)29:4<381:ANNCFN>2.0.ZU;2-9
Abstract
In this paper we formulate a family of conditions called 'B-k-monotoni city' that are necessary for Nash implementation, where k is a natural number that indexes a particular condition, and where the condition o nly becomes more restrictive as k increases. B-k-monotonicity is in ge neral a stricter condition than Maskin monotonicity, and can be used t o show that certain social choice correspondences that satisfy Maskin monotonicity cannot be Nash implemented. (C) 1998 Elsevier Science S.A .