IDEAS home Printed from https://ideas.repec.org/p/kud/kuiedp/8814.html
   My bibliography  Save this paper

Strongly Implementable Social Choice Correspondences

Author

Listed:
  • Peter Fristrup

    (Institute of Economics, University of Copenhagen)

  • Hans Keiding

    (Institute of Economics, University of Copenhagen)

Abstract

A social choice correspondance is strongly implementable if there is a mechanism such that its strong Nash equilibrium outcomes coincide with the alternatives chosen by the social choice correspondance. It is known that a strongly implementable social choice correspondence is contained in the core correspondence of its associated effectivity function, and conversely Holzman (1987) introduced the nucleus correspondence which is in a certain sense minimal among the strongly implementable social choice correspondences. In the present paper, a new solution concept for games in effectivity function form, the supernucleus, is introduced. The supernucleus social choice correspondence is founded on strategic behaviour. It is less restrictive than the nucleus, and it is contained in the core. We show that the supernucleus correspondence is implementable and that it has a minimality property similar to that of the nucleus.

Suggested Citation

  • Peter Fristrup & Hans Keiding, 1988. "Strongly Implementable Social Choice Correspondences," Discussion Papers 88-14, University of Copenhagen. Department of Economics.
  • Handle: RePEc:kud:kuiedp:8814
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Keywords

    asymmetric and private information; coalitions; equilibrium; social choice;

    JEL classification:

    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kud:kuiedp:8814. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Hoffmann). General contact details of provider: http://edirc.repec.org/data/okokudk.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.