Maskinmonotonicity

Maskinmonotonicity - ty 10/22/10 Maskin-monotonicity...

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Click to edit Master subtitle style 10/22/10 IMPLEMENTATION OF SOCIAL CHOICE RULES
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10/22/10 Under what conditions can a social choice rule be implemented? What form does an implementing mechanism take? Which social choice rules cannot be implemented?
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10/22/10 Maskin-monotonicity Montonicity is the key to implementability in Nash equilibrium a = Optimal outcome Θ = State f = social choice rule Implementa ble if f( Θ )= a f( Θ’ ) = a Monotonici
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Unformatted text preview: ty 10/22/10 Maskin-monotonicity Wednesday UC Berkley UCLA UCSB UCSD Pugsley UCSB UCLA UCSD UC Berkley Pugsley UCSB UCLA UCSD UC Berkley Wednesday UC Berkley UCLA UCSD UCSB STAT E 2 STAT E 1 Monotoni c Wednesday UCSB UC Berkley UCSD UCLA Pugsley UCLA UC Berkley UCSD UCSB Pugsley UCSB UCLA UCSD UC Berkley Wednesday UC Berkley UCLA UCSD UCSB STAT E 2 STAT E 1 Non-Monotonic monotonicity imposes no restriction...
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This note was uploaded on 10/21/2010 for the course ECON 1530 taught by Professor Ohly during the Spring '10 term at Dartmouth.

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Maskinmonotonicity - ty 10/22/10 Maskin-monotonicity...

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