Equilibrium in abstract political economies: With an application to a public good economy with voting

被引:3
|
作者
Konishi, H
机构
[1] Department of Economics, Southern Methodist University, Dallas
关键词
D O I
10.1007/BF00179097
中图分类号
F [经济];
学科分类号
02 ;
摘要
Consider an abstract political economy which has a collective choice rule together with strategic interactions among players. We prove that there exists an equilibrium in such an economy by synthesizing an equilibrium existence theorem in generalized games by Shafer and Sonnenschein (1975) and a voting core existence theorem in simple games by Schofield (1984, 1989). The theorem can be applied to a public good economy where public good provisions are determined by a class of voting rule.
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页码:43 / 50
页数:8
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