Implementation by demand mechanisms

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22 Scopus citations


This paper introduces a class of implementation mechanisms for exchange economies, called demand mechanisms. Each agent "demands" a consumption bundle, and equilibria are situations where each agent receives the bundle he asked for. A simple necessary and sufficient condition for implementation by a demand mechanism is derived.

Original languageEnglish (US)
Pages (from-to)343-354
Number of pages12
JournalEconomic Design
Issue number1
StatePublished - Dec 1994
Externally publishedYes

All Science Journal Classification (ASJC) codes

  • Economics, Econometrics and Finance(all)


  • D71
  • Implementation


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