A Characterization of Natural and Double Implementation in Production Economies
AbstractSucceeding Dutta, Sen and Vohra (1995) and Saijo, Tatamitani and Yamato (1997), we define two types of natural mechanisms quantity and price-quantity types, in convex production economies, and characterize the class of Pareto subsolutions doubly implementable in Nash and strong Nash equilibria by these mechanisms respectively.
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Bibliographic InfoPaper provided by Institute of Social and Economic Research, Osaka University in its series ISER Discussion Paper with number 0407r.
Length: 32 pages
Date of creation: 1998
Date of revision:
GAMES ; GAME THEORY ; GENERAL EQUILIBRIUM;
Find related papers by JEL classification:
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- D51 - Microeconomics - - General Equilibrium and Disequilibrium - - - Exchange and Production Economies
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