A note on allocations attainable through nash equilibria |
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| Authors: | Stefan Reichelstein |
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| Affiliation: | School of Business Administration, University of California, Berkeley, California 94720, USA |
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| Abstract: | This note reexamines the issue of attaining efficient resource allocations as noncooperative equilibria of a strategic game. Contrary to the spirit of earlier work on this subject, it is shown that there is an entire class of choice rules, aside from the Walrasian one, which are implementable in Nash equilibrium stategies. |
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