-day definition of Lindahl equilibrium. It describes how the ideas expressed by Lindahl (1919) developed into the equilibrium concept … for public good economies that now carries Lindahl's name. The paper also touches on a seemingly forgotten equilibrium … concept for public good economies known as ratio equilibrium, and explains that from an axiomatic perspective this equilibrium …

Games with imperfect information often feature multiple equilibria, which depend on beliefs off the equilibrium path … supported in equilibrium by the largest set of beliefs. We conduct experiments to test the predictive power of the existing and …

well known refinements of the Nash equilibrium, namely, perfect Nash equilibrium and proper Nash equilibrium, are special … Nash equilibrium is shown to exist for every game. In symmetric bimatrix games, our results imply the existence of a … symmetric proper equilibrium. Applying our results to the field of evolutionary game theory yields a refinement of the …

investigates this specific tradeoff and identifies an allocation rule that is individually rational, equilibrium selecting, and … domain, the identified rule is the equilibrium selecting rule that transfers the maximum number of ownerships from the public …

We prove the existence of an equilibrium in competitive markets with adverse selection in the sense of Miyazaki (1977 …