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Article Dans Une Revue Journal of Economic Theory Année : 2017

Implementation Via Approval Mechanisms

Résumé

We focus on the single-peaked domain and study the class of Generalized Approval Mechanisms (GAMs): First, players simultaneously select subsets of the outcome space and scores are assigned to each alternative; and, then, a given quantile of the induced score distribution is implemented. Our main finding is that essentially for every Nash-implementable welfare optimum – including the Condorcet winner alternative – there exists a GAM that Nash-implements it. Importantly, the GAM that Nash-implements the Condorcet winner alternative is the first simple simultaneous game with this feature in the literature.
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Dates et versions

hal-01715095 , version 1 (22-02-2018)

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Matias Nunez, Dimitrios Xefteris. Implementation Via Approval Mechanisms. Journal of Economic Theory, 2017, 170, ⟨10.1016/j.jet.2017.05.003⟩. ⟨hal-01715095⟩
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