A family of supermodular Nash mechanisms implementing Lindahl allocations. (English) Zbl 1011.91006
The author presents a new family of mechanisms, which implement Lindahl allocations in Nash equilibrium in a general environment. With quasilinear utility functions, the new family of mechanisms are supermodular games given a suitable choice of parameters. See also the articles by T. Groves and J. Ledyard [Econometrica 45, 783-809 (1977; Zbl 0363.90015)] and T. Kim [J. Math. Econ. 22, 359-371 (1993; Zbl 0797.90009)].
Reviewer: Samir Kumar Neogy (New Delhi)
MSC:
91A12 | Cooperative games |
91B32 | Resource and cost allocation (including fair division, apportionment, etc.) |
91A10 | Noncooperative games |