Acceptable Versus Straightforward Game Forms: An Example

S-Tier
Journal: Review of Economic Studies
Year: 1983
Volume: 50
Issue: 2
Pages: 369-373

Authors (1)

Score contribution per author:

8.043 = (α=2.01 / 1 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper is concerned with the design of non-cooperative game forms for economic decision problems. A decision problem is presented which admits non-dictatorial game forms with the following properties: Nash equilibria exist and all Nash equilibrium outcomes are Pareto optimal; or dominant strategies exist and all dominant strategy equilibria are Pareto optimal; but not both. This is, any (non-dictatorial) game form whose Nash equilibria are well behaved does not have dominant strategies, and any game form with well behaved dominant strategy equilibria must have at least one non-optimal non-dominant strategy Nash equilibrium.

Technical Details

RePEc Handle
repec:oup:restud:v:50:y:1983:i:2:p:369-373.
Journal Field
General
Author Count
1
Added to Database
2026-01-25