Vega-Redondo, Fernando (1985) Nash implementation of the Lindahl performance in economies with just two consumers. Economics Letters, 19 (2). pp. 109-112. DOI https://doi.org/10.1016/0165-1765(85)90003-5
Vega-Redondo, Fernando (1985) Nash implementation of the Lindahl performance in economies with just two consumers. Economics Letters, 19 (2). pp. 109-112. DOI https://doi.org/10.1016/0165-1765(85)90003-5
Vega-Redondo, Fernando (1985) Nash implementation of the Lindahl performance in economies with just two consumers. Economics Letters, 19 (2). pp. 109-112. DOI https://doi.org/10.1016/0165-1765(85)90003-5
Abstract
This letter shows that, in economies with just two consumers, it is impossible to implement the Lindahl performance correspondence at Nash equilibrium points. It adapts an analogous result of Reichelstein (1984), who referred to the Walrasian performance, dispensing with one of his critical assumptions.
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences > HB Economic Theory |
| Divisions: | Faculty of Social Sciences > Economics, Department of |
| SWORD Depositor: | Unnamed user with email elements@essex.ac.uk |
| Depositing User: | Unnamed user with email elements@essex.ac.uk |
| Date Deposited: | 06 Jan 2013 09:15 |
| Last Modified: | 24 Oct 2024 10:34 |
| URI: | http://repository.essex.ac.uk/id/eprint/4957 |