Construction of Outcome Functions Guaranteeing Existence and Pareto Optimality of Nash Equilibria

Leonid Hurwicz, David Schmeidler

Econometrica · 1978 · 82 citations · 2 references

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Abstract

Recent formulations of social decisions problems focus on rules by which a group of individuals (the society) arrives at a choice among available alternatives. Such a rule, which we shall call the outcome function (Gibbard's "game form, " see [ 3 J), specifies the

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