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Conflict of interests, (implicit) coalitions and Nash policy games

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  • ACOCELLA, Nicola
  • DI BARTOLOMEO, Diovanni
  • PIACQUADIO, Paolo G.

Abstract

By introducing the concepts of implicit coalitions and conflict of interests in a multiple-player context, this paper generalizes some theorems on policy invariance and equilibrium existence and uniqueness for LQ policy games.

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File URL: http://dx.doi.org/10.1016/j.econlet.2009.08.029
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Bibliographic Info

Paper provided by Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) in its series CORE Discussion Papers RP with number -2236.

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Handle: RePEc:cor:louvrp:-2236

Note: In : Economics Letters, 105(3), 303-305, 2009
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References

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  1. Debraj Ray & Rajiv Vohra, 1996. "A Theory of Endogenous Coalition Structure," Papers 0068, Boston University - Industry Studies Programme.
  2. Acocella, Nicola & Di Bartolomeo, Giovanni, 2004. "Non-neutrality of monetary policy in policy games," European Journal of Political Economy, Elsevier, vol. 20(3), pages 695-707, September.
  3. Acocella, N. & Di Bartolomeo, G., 2006. "Tinbergen and Theil meet Nash: Controllability in policy games," Economics Letters, Elsevier, vol. 90(2), pages 213-218, February.
  4. AUMANN, Robert J., . "Subjectivity and correlation in randomized strategies," CORE Discussion Papers RP -167, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  5. Dasgupta, Partha & Maskin, Eric, 1986. "The Existence of Equilibrium in Discontinuous Economic Games, I: Theory," Review of Economic Studies, Wiley Blackwell, vol. 53(1), pages 1-26, January.
  6. Di Bartolomeo Giovanni & Acocella Nicola & Hughes Hallett Andrew, 2008. "The existence of Nash equilibria in n-player LQ-games, with applications to international monetary and trade agreements," wp.comunite 0040, Department of Communication, University of Teramo.
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Cited by:
  1. Di Bartolomeo, Giovanni & Hughes Hallett, Andrew & Acocella, Nicola, 2011. "Tinbergen controllability and n-player LQ-games," Economics Letters, Elsevier, vol. 113(1), pages 32-34, October.
  2. Acocella Nicola & Di Bartolomeo Giovanni, 2010. "Conflict of interest and coordination in public good provision," Politica economica, Società editrice il Mulino, issue 3, pages 389-408.
  3. Nicola acocella & Giovanni Di Bartolomeo & Andrew Hughes Hallett, . "The theory of economic policy: from a theory of control to a theory of conflict (resolutions)," Working Papers 91/11, Sapienza University of Rome, Metodi e modelli per l'economia, il territorio e la finanza MEMOTEF.

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