Unanimity games and Pareto optimality (Q800843)
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scientific article; zbMATH DE number 3878724
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| English | Unanimity games and Pareto optimality |
scientific article; zbMATH DE number 3878724 |
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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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0.7818341255187988
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0.7695725560188293
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0.7638320922851562
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0.7629532217979431
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