Tornar a Working Papers

Paper #217

Títol:
Invariance and randomness in the Nash program for coalitional games
Autors:
Nir Dagan i Roberto Serrano
Data:
Gener 1997
Resum:
By introducing physical outcomes in coalitional games we note that coalitional games and social choice problems are equivalent (implying that so are the theory of implementation and the Nash program). This facilitates the understanding of the role of invariance and randomness in the Nash program. Also, the extent to which mechanisms in the Nash program perform ``real implementation'' is examined.
Paraules clau:
Coalitional games, social choice, Nash program, implementation, scale invariance, ordinal invariance, randomness
Codis JEL:
C70
Àrea de Recerca:
Microeconomia
Publicat a:
Economics Letters, 58, 43-49, 1998