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The Theory of Implementation When the Planner Is a Player Journal of Economic Theory

The Theory of Implementation When the Planner Is a Player Journal of Economic Theory 2025

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The paper discusses a new framework for the theory of implementation in economic settings where the planner acts as a player rather than a mere designer of mechanisms. It explores how agents with complete information can communicate their preferences to a planner who cannot commit to a mechanism, transforming the implementation problem into a signaling game. The authors derive necessary and sufficient conditions for interactive implementation under various assumptions about the planner's beliefs and compare these results to traditional Nash implementation. The findings suggest that certain social choice rules may be interactively implementable even when they are not Nash implementable, highlighting the complexities of strategic communication in economic theory.

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What is the turnaround time for the Journal of Economic Theory?

It is the most general-interest journal among those specializing in economic theory. It is also one of nine core journals in all of economics. The Journal strives to respond in four months from receipt of the manuscript.