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In a partition model, we show that each maximin individually rational and ex ante maximin efficient allocation of a single good economy is implementable as a maximin equilibrium. When there are more than one good, we introduce three conditions. If none of the three conditions is satisfied, then a maximin individually rational and ex ante maximin efficient allocation may not be implementable. However,...
We study the implementation of maximin rational expectations equilibrium (MREE). When each agent’s interim information is only his private signal, we show that each non-revealing MREE is implementable. This is not true for a partially revealing MREE or a fully revealing MREE. However, if each agent learns both his private signal and the market price in the interim, then each partially revealing and...
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