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Communication complexity and stability of equilibria in economies and games

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  • J. Jordan

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    File URL: http://hdl.handle.net/10.1007/s10058-009-0074-y
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    Bibliographic Info

    Article provided by Springer in its journal Review of Economic Design.

    Volume (Year): 13 (2009)
    Issue (Month): 1 (April)
    Pages: 115-135

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    Handle: RePEc:spr:reecde:v:13:y:2009:i:1:p:115-135

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    Web page: http://link.springer.de/link/service/journals/10058/index.htm

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    Related research

    Keywords: Allocation mechanisms; Dynamic stability; Communication complexity; D50; D51; D61; D82; D83;

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    1. Foster, Dean P. & Young, H. Peyton, 2003. "Learning, hypothesis testing, and Nash equilibrium," Games and Economic Behavior, Elsevier, vol. 45(1), pages 73-96, October.
    2. Aumann, Robert J., 1974. "Subjectivity and correlation in randomized strategies," Journal of Mathematical Economics, Elsevier, vol. 1(1), pages 67-96, March.
    3. Kenneth Mount & Stanley Reiter, 1973. "The Informational Size of Message Spaces," Discussion Papers 3, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    4. Jordan, J. S., 1983. "Locally stable price mechanisms," Journal of Mathematical Economics, Elsevier, vol. 11(3), pages 235-259, July.
    5. Eric Maskin, 1998. "Nash Equilibrium and Welfare Optimality," Harvard Institute of Economic Research Working Papers 1829, Harvard - Institute of Economic Research.
    6. Sergiu Hart & Yishay Mansour, 2006. "The Communication Complexity of Uncoupled Nash Equilibrium Procedures," Discussion Paper Series dp419, The Center for the Study of Rationality, Hebrew University, Jerusalem.
    7. Sergiu Hart & Andreu Mas-Colell, 2003. "Uncoupled Dynamics Do Not Lead to Nash Equilibrium," American Economic Review, American Economic Association, vol. 93(5), pages 1830-1836, December.
    8. Saari, Donald G & Simon, Carl P, 1978. "Effective Price Mechanisms," Econometrica, Econometric Society, vol. 46(5), pages 1097-1125, September.
    9. Reichelstein, Stefan & Reiter, Stanley, 1988. "Game Forms with Minimal Message Spaces," Econometrica, Econometric Society, vol. 56(3), pages 661-92, May.
    10. Hurwicz, L, 1979. "Outcome Functions Yielding Walrasian and Lindahl Allocations at Nash Equilibrium Points," Review of Economic Studies, Wiley Blackwell, vol. 46(2), pages 217-25, April.
    11. Kenneth R. Mount & Stanley Reiter, 1983. "On the Existence of a Locally Stable Dynamic Process With a Statically Minimal Message Space," Discussion Papers 550, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
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