A Note on Incentives in Large Economies
研究连续交易者经济中匿名且有效机制的纳什均衡,给出部分或全部纳什均衡产生竞争性分配的条件,特别关注真实报告构成纳什均衡的直接机制。
Nash equilibria of anonymous and efficient mechanisms are studied in economies with a continuum of traders. Conditions are given under which some or all the Nash equilibria of such mechanisms yield competitive allocations. Particular attention is payed to the case of direct mechanisms where the truth constitutes a Nash equilibrium.