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Solutions defined on classes of strategic games, satisfying One-Person Rationality (OPR), Non-emptiness (NEM) and Consistency (CONS) are considered. The main question to be answered is whether these conditions characterize the Nash Equilibrium solution NE for the given class of games. Depending...
Persistent link: https://www.econbiz.de/10005370926
We model constitutions by effectivity functions. We assume that the constitution is common knowledge among the members of the society. However, the preferences of the citizens are private information. We investigate whether there exist decision schemes (i.e., functions that map profiles of...
Persistent link: https://www.econbiz.de/10010949492
Solutions defined on classes of strategic games, satisfying One-Person Rationality (OPR), Non-emptiness (NEM) and Consistency (CONS) are considered. The main question to be answered is whether these conditions characterize the Nash Equilibrium solution NE for the given class of games. Depending...
Persistent link: https://www.econbiz.de/10005597856