On Maskin monotonicity of solution based social choice rules

Haake C-J, Trockel W (2010)
REVIEW OF ECONOMIC DESIGN 14(1-2): 17-25.

Zeitschriftenaufsatz | Veröffentlicht | Englisch
 
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Abstract / Bemerkung
Howard (J Econ Theory 56: 142-159, 1992) argues that the Nash bargaining solution is not Nash implementable, as it does not satisfy Maskin monotonicity. His arguments can be extended to other bargaining solutions as well. However, by defining a social choice correspondence that is based on the solution rather than on its realizations, one can overcome this shortcoming. We even show that such correspondences satisfy a stronger version of monotonicity that is even sufficient for Nash implementability.
Stichworte
Maskin monotonicity; Bargaining games; Nash; program; Mechanism; Implementation; Social choice rule
Erscheinungsjahr
2010
Zeitschriftentitel
REVIEW OF ECONOMIC DESIGN
Band
14
Ausgabe
1-2
Seite(n)
17-25
ISSN
1434-4742
eISSN
1434-4750
Page URI
https://pub.uni-bielefeld.de/record/1929658

Zitieren

Haake C-J, Trockel W. On Maskin monotonicity of solution based social choice rules. REVIEW OF ECONOMIC DESIGN. 2010;14(1-2):17-25.
Haake, C. - J., & Trockel, W. (2010). On Maskin monotonicity of solution based social choice rules. REVIEW OF ECONOMIC DESIGN, 14(1-2), 17-25. doi:10.1007/s10058-008-0062-7
Haake, C. - J., and Trockel, W. (2010). On Maskin monotonicity of solution based social choice rules. REVIEW OF ECONOMIC DESIGN 14, 17-25.
Haake, C.-J., & Trockel, W., 2010. On Maskin monotonicity of solution based social choice rules. REVIEW OF ECONOMIC DESIGN, 14(1-2), p 17-25.
C.-J. Haake and W. Trockel, “On Maskin monotonicity of solution based social choice rules”, REVIEW OF ECONOMIC DESIGN, vol. 14, 2010, pp. 17-25.
Haake, C.-J., Trockel, W.: On Maskin monotonicity of solution based social choice rules. REVIEW OF ECONOMIC DESIGN. 14, 17-25 (2010).
Haake, Claus-Jochen, and Trockel, Walter. “On Maskin monotonicity of solution based social choice rules”. REVIEW OF ECONOMIC DESIGN 14.1-2 (2010): 17-25.