A family of supermodular Nash mechanisms implementing Lindahl allocations (Q1597938): Difference between revisions
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Revision as of 23:50, 19 March 2024
scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | A family of supermodular Nash mechanisms implementing Lindahl allocations |
scientific article |
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A family of supermodular Nash mechanisms implementing Lindahl allocations (English)
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4 June 2002
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The author presents a new family of mechanisms, which implement Lindahl allocations in Nash equilibrium in a general environment. With quasilinear utility functions, the new family of mechanisms are supermodular games given a suitable choice of parameters. See also the articles by \textit{T. Groves} and \textit{J. Ledyard} [Econometrica 45, 783-809 (1977; Zbl 0363.90015)] and \textit{T. Kim} [J. Math. Econ. 22, 359-371 (1993; Zbl 0797.90009)].
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Nash equilibrium
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supermodular games
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Lindahl allocations
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