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The concept of coalition proof Nash equilibrium was introduced by Bernheim et al. [5]. In the present paper, we consider the representation problem for coalition proof Nash equilibrium: For a given effectivity function, describing the power structure or the system of rights of coalitions in...
Persistent link: https://www.econbiz.de/10005369360
In this paper, we present a characterization of social choice correspondences which can be implemented in strong Nash equilibrium, stated in terms of the power structure implicit in the social choice rule. We extend the notion of an effectivity function to allow for simultaneous vetoing by...
Persistent link: https://www.econbiz.de/10005753024
This paper investigates the number of profiles at which a social choice function is manipulable. It is found that there is a lower bound on this number when the social choice function is assumed non-dictatorial. Also, any number between this lower bound and the maximal number of profiles may be...
Persistent link: https://www.econbiz.de/10005596397