Economic Theory

, Volume 19, Issue 4, pp 773–790

A family of supermodular Nash mechanisms implementing Lindahl allocations

  • Yan Chen
Research Articles
  • 103 Downloads

Summary.

We present a family of mechanisms which implement Lindahl allocations in Nash equilibrium. With quasilinear utility functions this family of mechanisms are supermodular games, which implies that they converge to Nash equilibrium under a wide class of learning dynamics.

Keywords and Phrases: Public goods mechanisms, Supermodular games. 
JEL Classification Numbers: H41, C62, D83. 

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Copyright information

© Springer-Verlag Berlin Heidelberg 2002

Authors and Affiliations

  • Yan Chen
    • 1
  1. 1.Department of Economics, University of Michigan, Ann Arbor, MI 48109-1220, USA (e-mail: yanchen@umich.edu) US

Personalised recommendations