Bartering Games in the Kolm Triangle |
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Authors: | MATT VAN ESSEN |
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Affiliation: | University of Alabama |
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Abstract: | We study a public good mechanism that possesses several attractive properties. In particular, the mechanism always produces feasible allocations, induces a game where the Nash equilibria are all individually rational, and, in contrast to the voluntary contribution mechanism, supports the Lindahl allocation as a Nash equilibrium allocation. The geometric framework of the Kolm triangle is employed to illustrate the workings of the mechanism and provide intuition for the main results. |
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