Title: Subgame perfect implementation: A necessary and almost sufficient condition
Abstract: We present a necessary and almost sufficient condition for subgame perfect implementation of social choice correspondences. In societies with at least three individuals, any social choice correspondence which satisfies no veto power and our necessary Condition α is subgame perfect implementable. Thus Condition α is analogous to monotonicity which, by Maskin's celebrated characterization, is necessary and, in a similar way, almost sufficient for Nash implementation.
Publication Year: 1990
Publication Date: 1990-04-01
Language: en
Type: article
Indexed In: ['crossref']
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Cited By Count: 141
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