
doi: 10.2139/ssrn.934988
handle: 10419/92658
We consider full-truthful Nash implementation, which requires that truth telling by each agent should be a Nash equilibrium of a direct revelation mechanism, and that the set of Nash equilibrium outcomes of the mechanism should coincide with the f-optimal outcome. We show that restricted monotonicity together with an auxiliary condition called boundedness is both necessary and sufficient for full-truthful Nash implementation. We also prove that full-truthful Nash implementation is equivalent to secure implementation(Saijo et al. (2005)). This gives us an alternative characterization of securely implementable social choice functions.
Secure Implementation, Restricted Monotonicity, ddc:330, Truthful Implementation, Direct Revelation Mechanisms, Nash Implementation, Nash-Gleichgewicht, Neue politische Ökonomie
Secure Implementation, Restricted Monotonicity, ddc:330, Truthful Implementation, Direct Revelation Mechanisms, Nash Implementation, Nash-Gleichgewicht, Neue politische Ökonomie
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