Implementation in largest consistent set via rights structures

B-Tier
Journal: Games and Economic Behavior
Year: 2021
Volume: 128
Issue: C
Pages: 202-212

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The designer's exercise consists of designing a rights structure that formalizes the idea of power distribution in society. A solution is implementable in largest consistent set by a rights structure if there exists a rights structure such that for each preference profile, the largest consistent set of the game played by agents coincides with the set of outcomes that the solution would select for it. In a setting with transfers, every Maskin monotonic solution is implementable. This finding implies that the class of implementable solutions in core equilibria is unaltered by farsighted reasoning.

Technical Details

RePEc Handle
repec:eee:gamebe:v:128:y:2021:i:c:p:202-212
Journal Field
Theory
Author Count
3
Added to Database
2026-01-25