Commentary: Nash equilibrium and mechanism design
Games and Economic Behavior, 2011, vol. 71, issue 1, 9-11
I argue that the principal theoretical and practical drawbacks of Nash equilibrium as a solution concept are far less troublesome in problems of mechanism design than in most other applications of game theory.
Keywords: Nash; equilibrium; Mechanism; design; Solution; concept (search for similar items in EconPapers)
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