Showing 1 - 2 of 2
In a model of an economy with multiple public goods and differentiated crowding, it is shown that asymptotically the core has the equal treatment property and coincides with the equilibrium outcomes. It follows that all individuals of the same type in the same jurisdiction must pay the same...
Persistent link: https://www.econbiz.de/10005753139
Inessentiality of large groups or, in other words, effectiveness of small groups, means that almost all gains to group formation can be realized by partitions of the players into groups bounded in absolute size. The approximate cores property is that all sufficiently large games have nonempty...
Persistent link: https://www.econbiz.de/10005753438