Unanimity games and Pareto optimality (Q800843): Difference between revisions
From MaRDI portal
Created a new Item |
Added link to MaRDI item. |
||
| links / mardi / name | links / mardi / name | ||
Revision as of 11:05, 30 January 2024
scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Unanimity games and Pareto optimality |
scientific article |
Statements
Unanimity games and Pareto optimality (English)
0 references
1985
0 references
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.
0 references
group decision theory
0 references
existence of a simple mechanism
0 references
Pareto optimal outcomes
0 references
multistage unanimity game
0 references
non-cooperative players
0 references
