Volver a Working Papers

Paper #217

Título:
Invariance and randomness in the Nash program for coalitional games
Autores:
Nir Dagan y Roberto Serrano
Fecha:
Enero 1997
Resumen:
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.
Palabras clave:
Coalitional games, social choice, Nash program, implementation, scale invariance, ordinal invariance, randomness
Códigos JEL:
C70
Área de investigación:
Microeconomía
Publicado en:
Economics Letters, 58, 43-49, 1998