Towards a Justification the Principle of Coordination

Maarten C.W. Janssen ()
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Maarten C.W. Janssen: Erasmus University Rotterdam

No 00-017/1, Tinbergen Institute Discussion Papers from Tinbergen Institute

Abstract: Different variations of a Principle of Coordination are used in anumber ofdifferent research traditions. Roughly speaking, one version of thePrinciple says thatif there is a unique Pareto-efficient outcome in a game, then playerswill choose theirpart of that outcome. In this paper I will investigate thefoundations of the Principleand see to what extent the Principle follows from some axiomsregarding rationalindividual decision-making.

Date: 2000-03-17
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