Nash implementation by stochastic mechanisms: a simple full characterization
Theoretical Economics
2022-11-11 v1
Abstract
We study Nash implementation by stochastic mechanisms, and provide a surprisingly simple full characterization, which is in sharp contrast to the classical, albeit complicated, full characterization in Moore and Repullo (1990).
Cite
@article{arxiv.2211.05431,
title = {Nash implementation by stochastic mechanisms: a simple full characterization},
author = {Siyang Xiong},
journal= {arXiv preprint arXiv:2211.05431},
year = {2022}
}