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Political Stability under Asymmetric Information of Powers

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Political Stability under Asymmetric Information of Powers

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文書・図像類
Author
宮川,敏治
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type:80 大阪経大学会「Working Paper」We study a political game developed by Acemoglu, Egorov and Sonin (2008) consisting of three players. Each player has an ...

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Material Type
文書・図像類
Author/Editor
宮川,敏治
Author Heading
Text Language Code
eng
Target Audience
一般
Note (General)
type:80 大阪経大学会「Working Paper」
We study a political game developed by Acemoglu, Egorov and Sonin (2008) consisting of three players. Each player has an exogenous political power, which is weak or strong. We characterize "politically stable" wealth allocations which have no coalitional deviation to appropriate the wealth of outside players. These locations are defined as the cores under complete and asymmetric information about their political powers. The core under asymmetric information is a variation of the credible core in Dutta and Vohra (2005). The heterogeneity of players' types pro-duces political stability under complete information and the existence of weak-type players contributes to that under asymmetric information.
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国立情報学研究所 : 学術機関リポジトリデータベース(IRDB)(機関リポジトリ)