Kalai, Ehud and Ledyard, John O. (1998) Repeated Implementation. Social Science Working Paper, 1027. California Institute of Technology , Pasadena, CA. https://resolver.caltech.edu/CaltechAUTHORS:20170811-163520727
![]() |
PDF (sswp 1027 - Mar. 1998)
- Published Version
See Usage Policy. 36kB |
Use this Persistent URL to link to this item: https://resolver.caltech.edu/CaltechAUTHORS:20170811-163520727
Abstract
In the traditional static implementation literature it is often impossible for implementors to enforce their optimal outcomes. And when restricting the choice to dominant-strategy implementation, only the dictatorial choices of one of the participants are implementable. Repeated implementation problems are drastically different. This paper provides a strong implementation “folk theorem”: for patient implementors, every outcome function they care about is dominant-strategy implementable.
Item Type: | Report or Paper (Working Paper) | ||||||
---|---|---|---|---|---|---|---|
Related URLs: |
| ||||||
Additional Information: | Revised version. Original dated to August 1996. The authors wish to thank Andreas Blume, Tim Feddersen, Alvaro Sandroni, and a referee of JEL for helpful suggestions. Kalai’s research is partly supported by NSF Economics Grant No. SBR-955421. Ledyard’s research is partly supported by the New Millennium Project Office of the Jet Propulsion Laboratory of NASA. Published as Kalai, E., & Ledyard, J.O. (1998). Repeated implementation. Journal of Economic Theory, 83(2), 308-317. | ||||||
Group: | Social Science Working Papers | ||||||
Funders: |
| ||||||
Series Name: | Social Science Working Paper | ||||||
Issue or Number: | 1027 | ||||||
Record Number: | CaltechAUTHORS:20170811-163520727 | ||||||
Persistent URL: | https://resolver.caltech.edu/CaltechAUTHORS:20170811-163520727 | ||||||
Usage Policy: | No commercial reproduction, distribution, display or performance rights in this work are provided. | ||||||
ID Code: | 80328 | ||||||
Collection: | CaltechAUTHORS | ||||||
Deposited By: | Jacquelyn Bussone | ||||||
Deposited On: | 11 Aug 2017 23:44 | ||||||
Last Modified: | 03 Oct 2019 18:29 |
Repository Staff Only: item control page