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Berge equilibrium, altruism and social welfare

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  • Hans Haller

    (Virginia Polytechnic Institute and State University)

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.

Suggested Citation

  • Hans Haller, 2024. "Berge equilibrium, altruism and social welfare," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 62(4), pages 839-860, June.
    • Handle: RePEc:spr:sochwe:v:62:y:2024:i:4:d:10.1007_s00355-024-01514-5
    DOI: 10.1007/s00355-024-01514-5
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    References listed on IDEAS

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