Inefficiency of Nash Equilibria

Dubey P (1983). Inefficiency of Nash Equilibria. IIASA Working Paper. IIASA, Laxenburg, Austria: WP-83-074

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Abstract

The main theme of this paper is that Nash Equilibria of games with smooth payoff functions generally tend to be inefficient (in the Pareto sense).

Item Type: Monograph (IIASA Working Paper)
Research Programs: System and Decision Sciences - Core (SDS)
Depositing User: IIASA Import
Date Deposited: 15 Jan 2016 01:53
Last Modified: 18 Nov 2016 19:14
URI: http://pure.iiasa.ac.at/2238

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