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We study core convergence in interim quasilinear economies with asymmetric information, concentrating on core notions in which information is transmitted endogenously within coalitions and the incentive constraints are relevant. Specifically, we shall focus on the credible core and randomized...
Persistent link: https://www.econbiz.de/10010284034
positive convergence results as a function of the complexity of the mechanisms used by coalitions. We identify conditions under …
Persistent link: https://www.econbiz.de/10010284059
We study core convergence in interim quasilinear economies with asymmetric information, concentrating on core notions in which information is transmitted endogenously within coalitions and the incentive constraints are relevant. Specifically, we shall focus on the credible core and randomized...
Persistent link: https://www.econbiz.de/10005764674
positive convergence results as a function of the complexity of the mechanisms used by coalitions. We identify conditions under …
Persistent link: https://www.econbiz.de/10008486865
positive convergence results as a function of the complexity of the mechanisms used by coalitions. We identify conditions under …
Persistent link: https://www.econbiz.de/10008518033
positive convergence results as a function of the complexity of the mechanisms used by coalitions. We identify conditions under …
Persistent link: https://www.econbiz.de/10008458453
A core allocation of a complete information economy can be characterized as one that would not be unanimously rejected in favor of another feasible alternative by any coalition. We use this test of coalitional voting in an incomplete information environment to formalize a notion of resilience....
Persistent link: https://www.econbiz.de/10010318981
A core allocation of a complete information economy can be characterized as one that would not be unanimously rejected in favor of another feasible alternative by any coalition. We use this test of coalitional voting in an incomplete information environment to formalize a notion of resilience....
Persistent link: https://www.econbiz.de/10005130219
A core allocation of a complete information economy can be characterized as one that would not be unanimously rejected in favor of another feasible alternative by any coalition. We use this test of coalitional voting in an incomplete information environment to formalize a notion of resilience....
Persistent link: https://www.econbiz.de/10005163101
Persistent link: https://www.econbiz.de/10014318185