Implementation in undominated strategies by bounded mechanisms: The Pareto correspondence and a generalization

• 成果类型: Article
• 署名作者: Mukherjee, Saptarshi; Muto, Nozomu; Ramaekers, Eve; Sen, Arunava
• 署名单位: Indian Institute of Technology System (IIT System); Indian Institute of Technology (IIT) - Delhi; Yokohama National University; Universite Catholique Louvain; Indian Statistical Institute; Indian Statistical Institute Delhi
• 刊物名称: JOURNAL OF ECONOMIC THEORY
• ISSN/ISSBN: 0022-0531
• DOI: 10.1016/j.jet.2018.12.010
• 发表日期: 2019
• 页码: 229-243
• 关键词: Implementation in undominated strategies; Bounded mechanisms; Pareto correspondence

摘要

We show that the Pareto correspondence can be implemented in weakly undominated strategies by bounded mechanisms. This resolves a question raised in Borgers (1991). The result is also extended to show that all social choice correspondences satisfying tops-inclusivity and a requirement called the seconds-property can be implemented. (C) 2019 Elsevier Inc. All rights reserved.