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Identifier to cite or link to this item: https://hdl.handle.net/10086/19454

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Title
Partially-honest Nash implementation: Characterization results
Creator
Creator Name
Lombardi, Michele Lombardi, Michele
Affiliation
Affiliation Name
Maastricht University
Creator Name
Yoshihara, Naoki Yoshihara, Naoki
吉原, 直毅 吉原, 直毅
ヨシハラ, ナオキ ヨシハラ, ナオキ
Affiliation
Affiliation Name
Hitotsubashi University
Editor
Contributor Name
Institute of Economic Research, Hitotsubashi University
Affiliation
Affiliation Name
Hitotsubashi University
Key Word
Nash implementation
canonical-mechanisms
s-mechanisms
partial-honesty
permissive results
JEL
C72
D71
Abstract
This paper studies implementation problems in the wake of a recent trend of implementation of non-consequentialist nature, which draws on the evidence taken from experimental and behavioral economics. Specifically, following the seminal works by Matsushima (2008) and Dutta and Sen (2009), the paper considers implementation problems with partially-honest agents, which presume that there is at least one individual in society who concerns herself with not only outcomes but also honest behavior at least in a limited manner. Given this setting, the paper provides a general characterization of Nash implementation with partially-honest individuals. It also provides the necessary and sufficient condition for Nash implementation with partially-honest individuals bymechanisms with some types of strategyspace reductions. As a consequence, it shows that in contrast to the case of the standard framework, the equivalence between Nash implementation and Nash implementation with strategy space reduction no longer holds.
Publisher
Institute of Economic Research, Hitotsubashi University
Issued Date
2011-11
Language
English(eng)
Resource Type
technical report
Version Type
VoR
Is Part OfRelation -
Related Title
Discussion paper series. A ; No. 555
NCID
AA11476336
Number of Pages
45
Appears in Collections
Discussion paper series / Institute of Economic Research, Hitotsubashi University
URL
https://hdl.handle.net/10086/19454