Implementation in stochastic dominance Nash equilibria

Eun Jeong Heo and Vikram Manjunath ()
Additional contact information
Vikram Manjunath: Texas A&M University

Social Choice and Welfare, 2017, vol. 48, issue 1, No 2, 5-30

Abstract: Abstract We study solutions that choose lotteries for profiles of preferences defined over sure alternatives. We define Nash equilibria based on “stochastic dominance” comparisons and study the implementability of solutions in such equilibria. We show that a Maskin-style invariance condition is necessary and sufficient for implementability. Our results apply to an abstract Arrovian environment as well as a broad class of economic environments.

Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s00355-015-0915-2 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sochwe:v:48:y:2017:i:1:d:10.1007_s00355-015-0915-2

Ordering information: This journal article can be ordered from
http://www.springer. ... c+theory/journal/355

DOI: 10.1007/s00355-015-0915-2

Access Statistics for this article

Social Choice and Welfare is currently edited by Bhaskar Dutta, Marc Fleurbaey, Elizabeth Maggie Penn and Clemens Puppe

More articles in Social Choice and Welfare from Springer, The Society for Social Choice and Welfare Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().