Repeated Implementation

Ehud Kalai*, John O. Ledyard

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

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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