Implementation of the Walrasian correspo
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Guoqiang Tian
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Article
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1992
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Springer
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English
โ 877 KB
This paper consideres the problem of designing "better" mechanisms whose Nash allocations coincide with constrained Walrasian allocations for nonneoclassical economies under the minimal possible assumptions. We show that no assumprions on preferences are needed for feasible and continuous implementa