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Robust Mechanism Design: Theory and Experiment

Research Project

Project/Area Number 17K03628
Research Category

Grant-in-Aid for Scientific Research (C)

Allocation TypeMulti-year Fund
Section一般
Research Field Economic theory
Research InstitutionAoyama Gakuin University

Principal Investigator

Mizukami Hideki  青山学院大学, 経済学部, 教授 (30377238)

Co-Investigator(Kenkyū-buntansha) 若山 琢磨  龍谷大学, 経済学部, 准教授 (80448654)
二本杉 剛  大阪経済大学, 経済学部, 教授 (10616791)
Project Period (FY) 2017-04-01 – 2023-03-31
Project Status Completed (Fiscal Year 2022)
Budget Amount *help
¥4,290,000 (Direct Cost: ¥3,300,000、Indirect Cost: ¥990,000)
Fiscal Year 2019: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
Fiscal Year 2018: ¥1,690,000 (Direct Cost: ¥1,300,000、Indirect Cost: ¥390,000)
Fiscal Year 2017: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
Keywords経済理論 / ゲーム理論 / 遂行理論 / メカニズム・デザイン / 行動メカニズム・デザイン / 理論経済学
Outline of Final Research Achievements

In this study, we attempted to test whether there is a difference in the implementability rate between Nash implementation by the Maskin mechanism and truthful Nash implementation under the complete information by constructing a theoretical model and conducting an economic experiment. Theoretically, Nash implementation, which is full implementation, shows a higher implementability rate than truthful Nash implementation, which is partial implementation. However, if the truthful equilibrium becomes a focal point even in partial implementation, there might be no difference in the implementability rates between Nash and truthful Nash implementation. We constructed a theoretical model to test this point, but were unable to conduct an economic experiment due to the effects of the COVID-19 pandemic.

Academic Significance and Societal Importance of the Research Achievements

理論的には,マスキン・メカニズムによるナッシュ遂行の方が正直ナッシュ遂行よりも高い遂行率を示す.しかしながら,遂行可能な社会選択関数 (社会目標) は,ナッシュ遂行よりも正直ナッシュ遂行の方が多い.そこで,正直均衡がフォーカル・ポイントになることで,正直ナッシュ遂行の遂行率がナッシュ遂行と同程度にまで上昇するかどうかを経済実験によって明らかにしようと試みた.正直ナッシュ遂行の遂行率の上昇が確認されれば,社会実装可能な社会目標の増加につながる.

Report

(7 results)
  • 2022 Annual Research Report   Final Research Report ( PDF )
  • 2021 Research-status Report
  • 2020 Research-status Report
  • 2019 Research-status Report
  • 2018 Research-status Report
  • 2017 Research-status Report
  • Research Products

    (2 results)

All 2020 2017

All Journal Article (2 results) (of which Peer Reviewed: 2 results,  Open Access: 1 results)

  • [Journal Article] Dominant Strategy Implementation of Bargaining Solutions2020

    • Author(s)
      Hideki Mizukami and Takuma Wakayama
    • Journal Title

      Mathematical Social Sciences

      Volume: 104 Pages: 60-67

    • DOI

      10.1016/j.mathsocsci.2020.01.008

    • Related Report
      2019 Research-status Report
    • Peer Reviewed
  • [Journal Article] New necessary and sufficient conditions for secure implementation2017

    • Author(s)
      Takuma Wakayama and Hideki Mizukami
    • Journal Title

      Economics Letters

      Volume: 152 Pages: 76-78

    • DOI

      10.1016/j.econlet.2016.12.009

    • Related Report
      2017 Research-status Report
    • Peer Reviewed / Open Access

URL: 

Published: 2017-04-28   Modified: 2024-01-30  

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