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We prove that multidimensional generalized median voter schemes are coalition-proof.
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We discuss large but finite linear market games which are represented as minima of finitely many measures. These games describe markets in which the agents decompose into finitely many disjoint groups each of which holds a corner of the market. Most solution concepts like the core, the Shapley...
Persistent link: https://www.econbiz.de/10005370615
We consider the problem of implementing a social choice correspondence H in Nash equilibrium when the constitution of the society is given by an effectivity function E. It is assumed that the effectivity function of $ H,E^{H}$, is a sub-correspondence of E. We found necessary and efficient...
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