Showing 1 - 10 of 64
A mechanism coalitionally implements a social choice set if any outcome of the social choice set can be achieved as a coalitional Bayesian Nash equilibrium of a mechanism and vice versa. We say that a social choice set is coalitionally implementable if there is a mechanism which coalitionally...
Persistent link: https://www.econbiz.de/10005753202
Which strategy-proof nonbossy mechanisms exist in a model with a finite number of indivisible goods (houses, jobs, positions) and a perfectly divisible good (money)? The main finding is that only a finite number of distributions of the divisible good is consistent with strategy-proofness and...
Persistent link: https://www.econbiz.de/10005371155
Persistent link: https://www.econbiz.de/10005753276
For a two-sided multipartner matching model where agents are given by path-independent choice functions and no quota restrictions, Blair [7] had shown that stable matchings always exist and form a lattice. However, the lattice operations were not simple and not distributive. Recently Alkan [3]...
Persistent link: https://www.econbiz.de/10005370785
Collective choice problems on sets in <InlineEquation ID="Equ1"> <EquationSource Format="TEX"> ${\frak R}_+^n$</EquationSource> </InlineEquation> arise naturally in economics. Such problems have been extensively studied both in the theory of revealed preferences (Peters and Wakker, 1991) and in axiomatic bargaining theory under the assumption of convexity. However, our knowledge of...</equationsource></inlineequation>
Persistent link: https://www.econbiz.de/10005753261
We consider both Nash and strong Nash implementation of various matching rules for college admissions problems. We show …
Persistent link: https://www.econbiz.de/10005596703
This paper compares the sets of Nash, coalition- proof Nash and strong Nash equilibrium payoffs of normal form games which are closely related. We propose sufficient conditions for equivalent or closely related games to have identical sets of equilibrium payoffs.
Persistent link: https://www.econbiz.de/10005753292
We consider a situation in which a central authority must allocate non-tradeable and non-marketable goods between a group of individuals in a fair way. There are exogenous divisibility constraints imposed on the goods to be allocated. The authority has absolutely no information on the...
Persistent link: https://www.econbiz.de/10005370804
Persistent link: https://www.econbiz.de/10005596645
Persistent link: https://www.econbiz.de/10010993600