Canal UNED - Pareto Optimality and Nash Equilibrium

8/5/18 | 00:48:02

Pareto Optimality and Nash Equilibrium

Pareto optimality and Nash equilibrium are two standard solution concepts for cooperative and noncooperative games, respectively. At the outset, these concepts are incompatible [2,3]. But, on the other hand, there are particular games in which Nash equilibria turn out to be Pareto optimal, for instance [1,5,6].
In this talk we introduce several classes of discrete–time and differential games with Pareto–optimal Nash equilibria. These classes include deterministic and stochastic dynamic games. Our presentation is partly based on [4]

Participante: Onésimo Hernández‐Lerma CINVESTAV‐IPN, Mexico

Licencia: Reconocimiento-NoComercial-CompartirIgual 3.0 España (CC BY-NC-SA 3.0 ES)

Visto: 223 veces

Ciencias económicas

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