Non-cooperative implementation: A survey of recent results |
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Authors: | Hervé Moulin |
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Affiliation: | CEREMADE, Centre de Recherche de Mathematiques de la decision, Université de Paris-Dauphine, 75775 Paris, Cedex 16, France |
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Abstract: | Strategic decentralization of collective decision-making is considered when the agents' behaviour is non-cooperative. Specifically they use dominant, maximin risk-avert or sophisticated strategies. The existing results applying these equilibrium concepts are reviewed in three familiar economically meaningful contexts: ordinal (as in voting), random (as in bargaining) and quasilinear (as in public goods problems). |
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Keywords: | Decentralized decision making incentive compatibility strategyproof dominant strategy maximin strategy dominance solvability |
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