A family of supermodular Nash mechanisms implementing Lindahl allocations

We present a family of mechanisms which implement Lindahl allocations in Nash equilibrium. With quasilinear utility functions this family of mechanisms are supermodular games, which implies that they converge to Nash equilibrium under a wide class of learning dynamics.

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Year of publication:	2002-02-06
Authors:	Chen, Yan
Published in:	Economic Theory. - Springer. - Vol. 19.2002, 4, p. 773-790
Publisher:	Springer
Subject:	Public goods mechanisms \| Supermodular games

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Extent:	application/pdf
Type of publication:	Article
Notes:	Received: April 27, 2000; revised version: January 16, 2001
Classification:	H41 - Public Goods ; C62 - Existence and Stability Conditions of Equilibrium ; D83 - Search, Learning, Information and Knowledge
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005370672