Information transmission in coalitional voting games

نویسندگان

  • Roberto Serrano
  • Rajiv Vohra
چکیده

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 (2003) and the core proposed by Myerson (2003) as two that can be justified in terms of coalitional voting. JEL Classification: C71, C72, D51, D82.

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عنوان ژورنال:
  • J. Economic Theory

دوره 134  شماره 

صفحات  -

تاریخ انتشار 2007