Abstract
We examine a sequential mechanism which is a simple modification of the normal form mechanism introduced by Abreu and Matsushima (1992). We show that almost any social choice function can be virtually implemented via a finite sequential game of perfect information. The solution concept assumed is backwards induction. In particular, any social choice function that is virtually implementable via the Abreu-Matsushima mechanism is also virtually implementable by a sequential mechanism. Journal of Economic Literature Classification Number: C72.
| Original language | English |
|---|---|
| Pages (from-to) | 27-32 |
| Number of pages | 6 |
| Journal | Games and Economic Behavior |
| Volume | 15 |
| Issue number | 1 |
| DOIs | |
| State | Published - Jul 1996 |