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Journal of Economic Theory
Article . 1998 . Peer-reviewed
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zbMATH Open
Article . 1998
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EconStor
Research . 1997
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Repeated Implementation

Repeated implementation
Authors: Kalai, Ehud; Ledyard, John O.;

Repeated Implementation

Abstract

In the traditional static implementation literature it is often impossible for implementors to enforce their optimal outcomes. And when restricting the choice to dominant-strategy implementation, only the dictatorial choices of one of the participants are implementable. Repeated implementation problems are drastically different. This paper provides a strong implementation "folk theorem": for patient implementors, every outcome function they care about is dominant-strategy implementable.

Revised version. Original dated to August 1996. The authors wish to thank Andreas Blume, Tim Feddersen, Alvaro Sandroni, and a referee of JEL for helpful suggestions. Kalai's research is partly supported by NSF Economics Grant No. SBR-955421. Ledyard's research is partly supported by the New Millennium Project Office of the Jet Propulsion Laboratory of NASA. Published as Kalai, E., & Ledyard, J.O. (1998). Repeated implementation. Journal of Economic Theory, 83(2), 308-317.

Published - sswp1027.pdf

Country
United States
Related Organizations
Keywords

repeated implementation, 330, ddc:330, Social choice, outcome function

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
21
Average
Top 10%
Average
Green
bronze