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We study a mechanism design problem in which players can take part in a mechanism to coordinate their actions in a default game. By refusing to participate in the mechanism, a player can revert to playing the default game non-cooperatively. We show with an example that some allocation rules are...
Persistent link: https://www.econbiz.de/10010573653
We study an incomplete information game in which players are involved in a reciprocal relationship that allows them to coordinate their actions by contracting among themselves. We model this as a competing mechanism game in which players have the ability to write contracts. We characterize the...
Persistent link: https://www.econbiz.de/10009188225
We study a mechanism design problem in which players can take part in a mechanism to coordinate their actions in a default game. By refusing to participate in the mechanism, a player can revert to playing the default game non-cooperatively. We show with an example that some allocation rules are...
Persistent link: https://www.econbiz.de/10004970936
Persistent link: https://www.econbiz.de/10009373109
Persistent link: https://www.econbiz.de/10011597609
Persistent link: https://www.econbiz.de/10009807351