Commentary: Nash equilibrium and mechanism design

Eric Maskin

Games and Economic Behavior, 2011, vol. 71, issue 1, 9-11

Abstract: 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)
Date: 2011
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Citations: View citations in EconPapers (13)

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