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• W2057158594 abstract "I construct a general model of social planning problems, including mixed production economies and regulatory problems with negative externalities as special cases, and I give simple mechanisms for Nash implementation under three increasingly general sets of assumptions. I first construct a continuous mechanism to implement the (constrained) Lindahl allocations of an economy, and I then extend this to arbitrary social choice rules based on prices. I end with a mechani sm to implement any monotonic social choice rule, assuming only the existence of a private (not necessarily transferable) good. In that general case, each agent simply reports an upper contour set, an outcome, and I need two agents to make binary numerical announcements. I do not require the usual no-veto-power condition." @default.
• W2057158594 created "2016-06-24" @default.
• W2057158594 creator A5070659123 @default.
• W2057158594 date "2003-01-01" @default.
• W2057158594 modified "2023-10-14" @default.
• W2057158594 title "Nash implementation with a private good" @default.
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• W2057158594 doi "https://doi.org/10.1007/s00199-002-0262-2" @default.
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