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  • Search: subject:"von Neumann-Morgenstern sigma-stable set"
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Public project 1 sigma-core 1 sigma-sophisticated stable sets 1 von Neumann-Morgenstern sigma-stable set 1
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Free 1
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Book / Working Paper 1
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English 1
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Graziano, Maria Gabriella 1 Romaniello, Maria 1
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Centro Studi di Economia e Finanza (CSEF) 1
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CSEF Working Papers 1
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Stable Sets and Public Projects
Graziano, Maria Gabriella; Romaniello, Maria - Centro Studi di Economia e Finanza (CSEF) - 2010
We introduce von Neumann-Morgenstern solution concepts in market models involving the choice of a public project. We show that vN-M stable sets, suitably defined in connection to public goods provision, are consistent with results from bargaining via cartels. We find as necessary the assumption...
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