Graziano, Maria Gabriella; Romaniello, Maria - Centro Studi di Economia e Finanza (CSEF) - 2010
We introduce von Neumann-Morgenstern solution concepts in market models involving the choice of a public project. We show that vN-M stable sets, suitably defined in connection to public goods provision, are consistent with results from bargaining via cartels. We find as necessary the assumption...