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A Differential Approach to Dominant Strategy Mechanisms
Jean-Jacques Laffont and Eric Maskin
Vol. 48, No. 6 (Sep., 1980), pp. 1507-1520
Published by: The Econometric Society
Stable URL: http://www.jstor.org/stable/1912821
Page Count: 14
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This paper shows how a number of questions about dominant strategy mechanisms in models with public goods can be conveniently formulated as systems of partial differential equations. The question of the existence of dominant strategy mechanisms with given desirable properties becomes equivalent to the integrability of these equations.
Econometrica © 1980 The Econometric Society