Rights as alternative game forms |
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Authors: | Email author" target="_blank">Rajat?DebEmail author |
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Institution: | (1) Department of Economics, Southern Methodist University, Dallas, TX 75275, USA |
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Abstract: | The paper analyzes the problem of modeling rights using extensive game forms with perfect information. Three dimensions of rights – protocol, autonomy and power – are identified and it is shown, that under a certain condition, the effectivity function captures completely all rights relevant aspects of a game form. The condition under which this is possible is interpretable both as a particular formulation of individual liberty and as a rejection of consequentialism.
I wish to express my debt to Professor A.K. Sen and P.K. Pattanaik for several helpful discussions on rights as game forms. I also wish to thank professors N. Balke, M. Dasgupta, M. Davis, J. Hadar, A. Sengupta, and W.M. Thomson for their comments. |
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