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Repeated Nash implementation
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Mezzetti, Claudio and Renou, Ludovic (2017) Repeated Nash implementation. Theoretical Economics, 12 (1). pp. 249-285. doi:10.3982/TE1988 ISSN 1933-6837.
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Official URL: http://dx.doi.org/10.3982/TE1988
Abstract
We study the repeated implementation of social choice functions in environments with complete information and changing preferences. We define dynamic monotonicity, a natural but non-trivial dynamic extension of Maskin monotonicity, and show that it is necessary and almost sufficient for repeated Nash implementation, regardless of whether the horizon is finite or infinite and whether the discount factor is “large” or “small.
Item Type: | Journal Article | ||||||||
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Subjects: | H Social Sciences > HG Finance | ||||||||
Divisions: | Faculty of Social Sciences > Economics | ||||||||
Library of Congress Subject Headings (LCSH): | Nash manifolds | ||||||||
Journal or Publication Title: | Theoretical Economics | ||||||||
Publisher: | Econometric Society | ||||||||
ISSN: | 1933-6837 | ||||||||
Official Date: | 30 January 2017 | ||||||||
Dates: |
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Volume: | 12 | ||||||||
Number: | 1 | ||||||||
Page Range: | pp. 249-285 | ||||||||
DOI: | 10.3982/TE1988 | ||||||||
Status: | Peer Reviewed | ||||||||
Publication Status: | Published | ||||||||
Access rights to Published version: | Open Access (Creative Commons) | ||||||||
Date of first compliant deposit: | 11 October 2016 | ||||||||
Date of first compliant Open Access: | 11 October 2016 | ||||||||
Funder: | Australian Research Council (ARC) | ||||||||
Grant number: | DP120102697 (ARC) |
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