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Walrasian and constrained Walrasian correspondences and Nash implementation

✍ Scribed by Lu Hong


Book ID
116101610
Publisher
Elsevier Science
Year
1994
Tongue
English
Weight
357 KB
Volume
44
Category
Article
ISSN
0165-1765

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Implementation of the Walrasian correspo
✍ Guoqiang Tian πŸ“‚ Article πŸ“… 1992 πŸ› Springer 🌐 English βš– 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