Competition among institutions
成果类型：
Article
署名作者：
Caplin, A; Nalebuff, B
署名单位：
Yale University
刊物名称：
JOURNAL OF ECONOMIC THEORY
ISSN/ISSBN：
0022-0531
DOI：
10.1006/jeth.1996.2212
发表日期：
1997
页码：
306-342
关键词：
摘要：
Economic theory offers two different approaches to the analysis of group formation and the role of institutions. General equilibrium approach explores the influence of the economic environment on formation of coalitions. Game theory explores the influence of institutional rules on equilibrium outcomes. We introduce an integrative approach - an institution's policy depends on its membership, while its membership depends on the policies of all the institutions. We present three distinct mathematical approaches to these models, highlighting the algebraic nature of the question of existence of equilibrium. Our apparatus cover many economic and political environments, including cases with multiple dimensions and multiple institutions. (C) 1997 Academic Press.
来源URL：