Repeated Implementation

Ehud Kalai*, John O. Ledyard

*Corresponding author for this work

Research output: Contribution to journalArticle

21 Scopus citations

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.journal of Economic LiteratureClassification Numbers: C7, D7.

Original languageEnglish (US)
Pages (from-to)308-317
Number of pages10
JournalJournal of Economic Theory
Volume83
Issue number2
DOIs
StatePublished - Dec 1998

ASJC Scopus subject areas

  • Economics and Econometrics

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