Unanimity games and Pareto optimality (Q800843): Difference between revisions

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Revision as of 00:33, 10 February 2024

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Unanimity games and Pareto optimality
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    Unanimity games and Pareto optimality (English)
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    1985
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    A central question in group decision theory is the existence of a simple mechanism that necessarily leads to Pareto optimal outcomes despite noncooperative behavior of the participants. It is shown that the multistage unanimity game is such a mechanism if we assume that the non- cooperative players end at an equilibrium which is symmetric and persistent.
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    group decision theory
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    existence of a simple mechanism
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    Pareto optimal outcomes
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    multistage unanimity game
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    non-cooperative players
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