A solution to the two-person implementation problem - Archive ouverte HAL
Pré-Publication, Document De Travail Année : 2019

A solution to the two-person implementation problem

Résumé

We propose a solution to the classical problem of Hurwicz and Schmeidler [1978] and Maskin [1999] according to which no Pareto efficient rule is Nash implementable. To this end, we consider implementation through mechanisms that are deterministic-in-equilibrium while lotteries are allowed off-equilibrium. We show that there are Pareto efficient rules which are implementable and that any such rule is implementable through some simple veto mechanism. Importantly , neither completeness nor transitivity of the preferences over lotteries are required to achieve implementation.
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Dates et versions

halshs-02173504 , version 1 (04-07-2019)
halshs-02173504 , version 2 (08-11-2019)
halshs-02173504 , version 3 (05-05-2020)

Identifiants

  • HAL Id : halshs-02173504 , version 1

Citer

Jean-François Laslier, Matias Nunez, M Remzi Sanver. A solution to the two-person implementation problem. 2019. ⟨halshs-02173504v1⟩
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