Efficient Nash equilibria, individual rights and Pareto principle: an impossibility result

Authors :: ENRICO GUZZINI
Source :: Scopus-Elsevier
Publication Year :: 2010
Abstract: This paper shows an impossibility result similar to the liberal paradox concerning two games, each of one with an efficient Nash equilibrium. We show that our result holds also in dictatorial games.

Subjects :: TheoryofComputation_MISCELLANEOUS
Computer Science::Computer Science and Game Theory
Liberal paradox, efficient Nash equilibrium, Pareto principle, dictatorial games
ComputingMilieux_PERSONALCOMPUTING
TheoryofComputation_GENERAL
jel:D7
jel:C7

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