Axiomatizations of Pareto equilibria in multicriteria games

Citation
M. Voorneveld et al., Axiomatizations of Pareto equilibria in multicriteria games, GAME ECON B, 28(1), 1999, pp. 146-154
Citations number
5
Categorie Soggetti
Economics
Journal title
GAMES AND ECONOMIC BEHAVIOR
ISSN journal
08998256 → ACNP
Volume
28
Issue
1
Year of publication
1999
Pages
146 - 154
Database
ISI
SICI code
0899-8256(199907)28:1<146:AOPEIM>2.0.ZU;2-D
Abstract
We focus on axiomatizations of the Pareto equilibrium concept in noncoopera tive multicriteria games based on consistency. Some axiomatizations of the Nash equilibrium concept have immediate generalizations. For strategic game s it was shown that there exist no consistent refinements of the Nash equil ibrium concept that satisfy individual rationality and nonemptiness on a re asonably large class of games. We show that such refinements of the Pareto equilibrium concept on multicriteria games do exist. (C) 1999 Academic Pres s.