Nash and strongly consistent two-player game forms |
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Authors: | J Abdou |
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Institution: | 1. Laboratoire d'économétrie de l'Ecole Polytechnique 1, rue Descartes, 75005, Paris, France 2. Université de Paris I, 12, place du Panthéon, 75005, Paris, France
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Abstract: | A two-player game form is Nash-consistent if and only if it is tight (Gurvich). Therefore Nash-consistency of two-player game forms depends only on the effectivity structure. This fact is no longer true for strong consistency. In this paper we introduce a new object called the joint effectivity structure and define the exact joint effectivity set. These notions are similar though more sophisticated than the usual effectivity functions. We prove that a two-player game form is strongly consistent if and only if it is tight and jointly exact. Joint exactness is a property of the exact joint effectivity set which basically requires that the joint exact effectivity set coincides with the classical effectivity function. As a corollary we have a characterization of two-player strongly implementable social choice correspondences. |
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