Implementation by demand mechanisms

Research output: Contribution to journalArticlepeer-review

22 Scopus citations

Abstract

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
Volume1
Issue number1
DOIs
StatePublished - Dec 1994
Externally publishedYes

All Science Journal Classification (ASJC) codes

  • Economics, Econometrics and Finance(all)

Keywords

  • D71
  • Implementation

Fingerprint

Dive into the research topics of 'Implementation by demand mechanisms'. Together they form a unique fingerprint.

Cite this