Stable implementation of Lindahl allocations

作者: Pierre de Trenqualye

DOI: 10.1016/0165-1765(89)90203-6

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摘要: Abstract The resource allocation mechanisms using Nash equilibrium as the solution concept in economies with incomplete information rely on assumption that agent's disequilibrium messages converge to a equilibrium. implementing Lindahl allocations are, however, extremely unstable under most used process represent behaviour games of information: Cournot process. We provide new mechanism overcoming instability difficulty case quasi-linear preferences.

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