An economic approach to social choice โ
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Theodore Bergstrom; Trout Rader
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Article
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1978
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Springer US
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English
โ 659 KB
There is a formal equivalence between games, societies, and economies. Lindahl equilibrium for a game or society corresponds to competitive equilibrium for the equivalent economy. Results on existence and optimality of competitive equilibrium thus apply to the theory of games and societies. The "cor