Impossibility of Nash implementation in two-person economies

被引：0

作者：

Nakamura S. ^{[1
]}

机构：

[1] Faculty of Economics, Keio University, 2-15-45 Mita, Minato-ku

来源：

Review of Economic Design | 1998年 / 3卷 / 2期

关键词：

Implementation; Impossibility; Nash equilibrium; Two-agent; Walras equilibrium;

D O I：

10.1007/s100580050011

中图分类号：

学科分类号：

摘要：

In this note, we prove two impossibility results of Nash implementation in two-person economies. First, we will show the non-existence of continuous and balanced mechanisms which implement the Walrasian correspondence. Second, by adding a convexity assumption of mechanisms, we present the impossibility of continuous implementation of Pareto optimal and individually rational allocations in balanced way. © Springer-Verlag 1998.

引用

页码：159 / 165

页数：6

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