On existence of ex post Nash consistent representation for effectivity functions
Hans Peters,
Marc Schröder and
Dries Vermeulen
Social Choice and Welfare, 2015, vol. 45, issue 2, 287-307
Abstract:
We consider effectivity functions for finitely many players and alternatives. We assume that players have incomplete information—with private values—about the preferences of the other players. Our main result is the characterization of effectivity functions which have an ex post Nash consistent representation, i.e., there is a game form such that (i) the distribution of power among coalitions of players is the same as in the effectivity function and (ii) there is an ex post Nash equilibrium (in pure strategies) for any preference profile. Copyright The Author(s) 2015
Keywords: C62; C70; D82 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sochwe:v:45:y:2015:i:2:p:287-307
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DOI: 10.1007/s00355-015-0891-6
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