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|Title:||Implementation in minimax regret equilibrium|
Schlag, Karl H.
|Publisher:||Dept. of Economics, University of Leicester|
|Abstract:||This note studies the problem of implementing social choice correspondences in environments where individuals have doubts about the rationality of their opponents. We postulate the concept of "-minimax regret as our solution concept and show that social choice correspondences that are Maskin monotonic and satisfy the no-veto power condition are implementable in "-minimax regret equilibrium for all " ∈ [0, 1).|
|Series/Report no.:||Papers in Economics|
|Appears in Collections:||Reports, Dept. of Economics|
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