Invariance and Randomness in the Nash Program for Coalitional Games

By introducing physical outcomes in coalitional games we note that coalitional games and social choice problems are equivalent (implying that so are the theory of implementation and the Nash program). This clarifies some misunderstandings (in regrad to invariance and randomness), sometimes found in the Nash program.

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Year of publication:	1998
Authors:	Dagan, Nir ; Serrano, Roberto
Institutions:	Nir Dagan
Subject:	Nash program \| implementation \| scale invariance \| ordinal invariance \| randomness

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Extent:	application/pdf
Series:	Economic theory and game theory.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Published in Economics Letters 58:43-49 (1998) 7 pages
Classification:	C70 - Game Theory and Bargaining Theory. General ; C71 - Cooperative Games ; C72 - Noncooperative Games
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005357964