On Maskin monotonicity of solution based social choice rules
Haake C-J, Trockel W (2007) Working Papers. Institute of Mathematical Economics; 393.
Bielefeld: Universität Bielefeld.
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Einrichtung
Abstract / Bemerkung
Howard (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
Bargaining games;
Implementation;
Mechanism;
Maskin monotonicity;
Nash program;
Social choice rule
Erscheinungsjahr
2007
Serientitel
Working Papers. Institute of Mathematical Economics
Band
393
ISSN
0931-6558
Page URI
https://pub.uni-bielefeld.de/record/2315668
Zitieren
Haake C-J, Trockel W. On Maskin monotonicity of solution based social choice rules. Working Papers. Institute of Mathematical Economics. Vol 393. Bielefeld: Universität Bielefeld; 2007.
Haake, C. - J., & Trockel, W. (2007). On Maskin monotonicity of solution based social choice rules (Working Papers. Institute of Mathematical Economics, 393). Bielefeld: Universität Bielefeld.
Haake, C. - J., and Trockel, W. (2007). On Maskin monotonicity of solution based social choice rules. Working Papers. Institute of Mathematical Economics, 393, Bielefeld: Universität Bielefeld.
Haake, C.-J., & Trockel, W., 2007. On Maskin monotonicity of solution based social choice rules, Working Papers. Institute of Mathematical Economics, no.393, Bielefeld: Universität Bielefeld.
C.-J. Haake and W. Trockel, On Maskin monotonicity of solution based social choice rules, Working Papers. Institute of Mathematical Economics, vol. 393, Bielefeld: Universität Bielefeld, 2007.
Haake, C.-J., Trockel, W.: On Maskin monotonicity of solution based social choice rules. Working Papers. Institute of Mathematical Economics, 393. Universität Bielefeld, Bielefeld (2007).
Haake, Claus-Jochen, and Trockel, Walter. On Maskin monotonicity of solution based social choice rules. Bielefeld: Universität Bielefeld, 2007. Working Papers. Institute of Mathematical Economics. 393.
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