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It is well-known that non-cooperative and cooperative game theory may yield different solutions to games. These … simultaneously, and the games may be one-round or n-round. Thus, it is never a Nash equilibrium for all players to hold their fire in … any of these games, whereas in simultaneous one-round and n-round truels such cooperation, wherein everybody survives, is …
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The Lorenz-Pareto Optimal Frontier of a collective choice problem indentifies a (usually quite large) subset of all Pareto optimal outcomes which are not inegalitarian according to the Lorenz criterion. We study the basic properties of Lorenz-Pareto optimal choice functions and in particular...
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In 1972, Harsanyi and Selten characterized a one parameter asymmetric Nash solution. In this note I do the analog for the Kalai-Smorodinsky solution. By dropping symmetry and adding a restrivted version of Independence of Irrelevant Alternatives to the set of axioms that lead to the...
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