Artículos de revistas
Implementation with renegotiation when preferences and feasible sets are state dependent
SOCIAL CHOICE AND WELFARE Volume: 36 Issue: 2 Pages: 179-198 Published: FEB 2011
Triossi Verondini, Matteo
In this paper, we present a model of implementation where infeasible allocations are converted into feasible ones through a process of renegotiation that is represented by a reversion function. We describe the maximal set of Social Choice Correspondences that can be implemented in Nash Equilibrium in a class of reversion functions that punish agents for infeasibilities. This is used to study the implementation of the Walrasian Correspondence and several axiomatic solutions to problems of bargaining and taxation.