By introducing physical outcomes in coalitional games we note that coalitional games and social choice problems are equivalent (implying that so are the theory of implementation and the Nash program). This clarifies some misunderstandings (in regrad to invariance and randomness), sometimes found in the Nash program.
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Length: 7 pages Date of creation: 1998 Date of revision: Publication status: Published in Economics Letters 58:43-49 (1998) Handle: RePEc:nid:ndagan:006
Contact details of provider: Postal: Nir Dagan, Dept. of Economics and Business, the College of Judea and Samaria, Ariel, Israel. Web page: http://www.nirdagan.com/research/
For technical questions regarding this item, or to correct its listing, contact: (Nir Dagan).
Find related papers by JEL classification: C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
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