The Theory of Implementation of Socially Optimal Decisions in Economics

LUIS C. CORCHÓN is Professor of Economics at the Universidad de Alicante, Alicante, Spain. He has been a visiting scholar at Harvard University and the University of Rochester, and a visitor at the University of California at Davis, University of Bielefeld, the Institute for Advanced Studies in Vienna, the Hebrew University and the Indian Statistical Institute. He was a Fulbright Scholar in 1989, and has had papers published in the Quarterly Journal of Economics, Economic Theory, Economic Design, the International Journal of Industrial Organization, Mathematical Social Sciences, Economics Letters and the Scandinavian Journal of Economics.

Introduction - Economies with Public Goods - Resource Allocation Mechanisms - Dominant Strategies and Direct Mechanisms - Implementation in Nash Equilibria (I): General Results - Implementation in Nash Equilibrium (II): Applications - Refining Nash Implementation - Bayesian Implementation - Index