Microtheory Seminar Series. "Implementation in vNM stable sets"
Published: 8 May 2024
04 June 2024. Professor Michele Lombardi, University of Liverpool
Professor Michele Lombardi, University of Liverpool Management School
"Implementation in vNM stable sets"
Tuesday, 04 June 2024. 16:00-17:30
Room 141, Adam Smith Business School & PGT Hub
Abstract
We fully identify the class of social choice functions that are implementable in von Neumann Morgenstern (vNM) stable sets by a rights structure. A rights structure formalizes the idea of power distribution in a society. Following the so-called Harsanyi's critique (Harsanyi, 1974), we also study the implementation of social choice correspondences in strict vNM stable sets.
Bio
Michele is a microeconomist with research interests in economic design, welfare economics, and behavioral economics. He is a full professor at the University of Liverpool Management School. Michele's research has been published in leading academic economic theory journals such as the Economic Journal, Journal of Economic Theory, and Games and Economic Behavior. He is also an Associate Editor for Economic Theory, Economic Theory Bulletin, and the International Journal of Economic Theory.
For further information, please contact business-school-research@glasgow.ac.uk
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First published: 8 May 2024