Equilibrium allocations of endowment-pretension games in public good economies
AbstractIn a public good economy where agents' preferences are known but endowments are private information, instituting an allocation rule and asking the agents their initial endowments induces an endowment-pretension game. We analyse the Nash equilibrium allocations of this game and discuss its welfare properties with reference to voluntary contributions allocations. Copyright Springer-Verlag Berlin/Heidelberg 2005
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Bibliographic InfoArticle provided by Springer in its journal Review of Economic Design.
Volume (Year): 9 (2005)
Issue (Month): 4 (December)
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Web page: http://link.springer.de/link/service/journals/10058/index.htm
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- Ozkal-Sanver, Ipek & Remzi Sanver, M., 2005. "Implementing matching rules by type pretension mechanisms," Mathematical Social Sciences, Elsevier, vol. 50(3), pages 304-317, November.
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