Börgers's Open Question Resolved
Fuente:
arXiv
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| Format: | Preprint |
| Published: |
2025
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| _version_ | 1866908558339080192 |
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| author | Xiong, Siyang |
| author_facet | Xiong, Siyang |
| contents | Focusing on stochastic finite-action mechanisms, we study implementation in undominated strategies and iteratively undominated strategies. We establish both possibility and impossibility results that resolve the open question in Börgers (1995). Contrary to the conventional understanding that positive results on Nash implementation need separability, quasilinearity, or infinite action sets, we provide -- to our knowledge -- the first positive result beyond those demanding assumptions. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2509_20790 |
| institution | arXiv |
| publishDate | 2025 |
| record_format | arxiv |
| spellingShingle | Börgers's Open Question Resolved Xiong, Siyang Theoretical Economics Focusing on stochastic finite-action mechanisms, we study implementation in undominated strategies and iteratively undominated strategies. We establish both possibility and impossibility results that resolve the open question in Börgers (1995). Contrary to the conventional understanding that positive results on Nash implementation need separability, quasilinearity, or infinite action sets, we provide -- to our knowledge -- the first positive result beyond those demanding assumptions. |
| title | Börgers's Open Question Resolved |
| topic | Theoretical Economics |
| url | https://arxiv.org/abs/2509.20790 |