Information transmission in coalitional voting games

被引:14
|
作者
Serrano, Roberto [1 ]
Vohra, Rajiv
机构
[1] Brown Univ, Dept Econ, Providence, RI 02912 USA
[2] Brown Univ, Off Dean Of Fac, Providence, RI 02912 USA
基金
美国国家科学基金会;
关键词
core; incomplete information; coalitional voting; resilience; mediation;
D O I
10.1016/j.jet.2006.02.002
中图分类号
F [经济];
学科分类号
02 ;
摘要
A core allocation of a complete information economy can be characterized as one that would not be unanimously rejected in favor of another feasible alternative by any coalition. We use this test of coalitional voting in an incomplete information environment to formalize a notion of resilience. Since information transmission is implicit in the Bayesian equilibria of such voting games, this approach makes it possible to derive core concepts in which the transmission of information among members of a coalition is endogenous. Our results lend support to the credible core of Dutta and Vohra [Incomplete information, credibility and the core, Math. Soc. Sci. 50 (2005) 148-165] and the core proposed by Myerson [Virtual utility and the core for games with incomplete information, Mimeo, University of Chicago, 2005] as two that can be justified in terms of coalitional voting. (c) 2006 Elsevier Inc. All rights reserved.
引用
收藏
页码:117 / 137
页数:21
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