Arbeitspapier
Procedurally Fair Implementation: The Cost of Insisting on Symmetry
We derive a necessary and a sufficient condition for Nash implementation with a procedurally fair mechanism. Our result has a nice analogue with the path-braking result of Maskin [Nash equilibrium and welfare optimality, Rev. Econ. Stud. 66 (1999) 23-38.], and therefore, it allows us to give a simple characterization of those choice rules that are implementable, but not in a procedurally fair way. This reveals the constraints that insisting on procedural fairness impose on the collective.
- Sprache
-
Englisch
- Erschienen in
-
Series: Discussion paper ; No. 108
- Klassifikation
-
Wirtschaft
Noncooperative Games
Altruism; Philanthropy; Intergenerational Transfers
Analysis of Collective Decision-Making: General
Social Choice; Clubs; Committees; Associations
- Thema
-
Characterization
Implementation
Nash equilibrium
Other regarding preferences
Procedural fairness
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Ville, Korpela
- Ereignis
-
Veröffentlichung
- (wer)
-
Aboa Centre for Economics (ACE)
- (wo)
-
Turku
- (wann)
-
2016
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Ville, Korpela
- Aboa Centre for Economics (ACE)
Entstanden
- 2016
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