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

  • Acocella, Nicola
  • Di Bartolomeo, Giovanni
  • Piacquadio, Paolo G.

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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Article provided by Elsevier in its journal Economics Letters.

Volume (Year): 105 (2009)
Issue (Month): 3 (December)
Pages: 303-305

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Handle: RePEc:eee:ecolet:v:105:y:2009:i:3:p:303-305
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  1. R. Aumann, 2010. "Subjectivity and Correlation in Randomized Strategies," Levine's Working Paper Archive 389, David K. Levine.
  2. Nicola Acocella & Giovanni Di Bartolomeo, 2005. "Tinbergen And Theil Meet Nash: Controllability In Policy Games," Macroeconomics 0504036, EconWPA, revised 06 Sep 2005.
  3. Giovanni Di Bartolomeo & Nicola Acocella, 2005. "Non-Neutrality Of Monetary Policy In Policy Games," Macroeconomics 0504026, EconWPA.
  4. 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.
  5. Debraj Ray & Rajiv Vohra, 1998. "A Theory of Endogenous Coalition Structures," Working Papers 98-1, Brown University, Department of Economics, revised Jan 1998.
  6. 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.
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