Berge equilibrium, altruism and social welfare
Hans Haller ()
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Hans Haller: Virginia Polytechnic Institute and State University
Social Choice and Welfare, 2024, vol. 62, issue 4, No 10, 839-860
Abstract:
Abstract Welfare and other properties of Berge equilibria are investigated. In particular, we address the questions to what extent Berge equilibrium can select from multiple Nash equilibria; can serve as a substitute for Nash equilibria; can Pareto improve upon Nash equilibrium. Furthermore, some of the recent results on the relation between Berge equilibria and Kantian equilibria are summarized.
Date: 2024
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DOI: 10.1007/s00355-024-01514-5
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