Towards a Justification the Principle of Coordination
Different variations of a Principle of Coordination are used in a number of different research traditions. Roughly speaking, one version of the Principle says that if there is a unique Pareto-efficient outcome in a game, then players will choose their part of that outcome. In this paper I will investigate the foundations of the Principle and see to what extent the Principle follows from some axioms regarding rational individual decision-making.
|Tinbergen Institute Discussion Paper Series|
Janssen, M.C.W. (2000). Towards a Justification the Principle of Coordination (No. TI 00-017/1). Tinbergen Institute Discussion Paper Series. Retrieved from http://hdl.handle.net/1765/7697