A1 Refereed original research article in a scientific journal

Procedurally fair implementation under complete information




AuthorsVille Korpela

PublisherElsevier

Publication year2018

Journal:Journal of Mathematical Economics

Journal name in sourceJournal of Mathematical Economics

Volume77

First page 25

Last page31

Number of pages7

ISSN0304-4068

eISSN1873-1538

DOIhttps://doi.org/10.1016/j.jmateco.2018.06.001

Web address https://doi.org/10.1016/j.jmateco.2018.06.001


Abstract

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 (1999), 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.



Last updated on 2024-26-11 at 21:56