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역할교환을 통한 확인Verification through Role Exchange
- Other Titles
- Verification through Role Exchange
- Authors
- 안석환
- Issue Date
- Jun-2011
- Publisher
- 한국산업조직학회
- Keywords
- role exchange; collective activity; verification; verifiability; observability; budget breaking; Nash equilibrium; 역할교환; 집단적 행위; 확인; 확인가능성; 관찰가능성; 예산불균형; 내쉬균형
- Citation
- 산업조직연구, v.19, no.2, pp 91 - 103
- Pages
- 13
- Journal Title
- 산업조직연구
- Volume
- 19
- Number
- 2
- Start Page
- 91
- End Page
- 103
- ISSN
- 1226-2633
- Abstract
- The present study analyzes economic circumstances in which two agents whose individual valuations are unverifiable common knowledge decide on the implementation of a collective activity. This paper comes up with a very simple two-person game with balanced budget in which a truth-telling Nash equilibrium is the unique pure strategy Nash equilibrium.
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