Coordination need not be a problem
نویسنده
چکیده
In a game of common interest there is one action vector that all players prefer to every other. Yet there may be multiple Pareto-ranked Nash equilibria in the game and the ”coordination problem” refers to the fact that rational equilibrium play canot rule out Pareto-dominated equilibria. In this paper, I prove that two elements asynchronicity and a finite horizon are sufficient to uniquely select the Pareto-dominant action vector (in subgame perfect equilibrium play).
منابع مشابه
بررسی نرم نشانه های عصبی (Neurological Soft Signs) در روانپریشی ها
Schizophrenia is one of the most important and disabling mental disorders in the world. Males and females are equally affected. Diagnosis is a very difficult problem in this disorder. Because the diagnostic systems such as ICD-10 and DSM-IV are mainly subjective, they are not valid and reliable. Essentially, in the future, we will need to more objective criteria in psychiatry especially in diag...
متن کاملFlow shop Scheduling Problem with Maintenance Coordination: a New Approach
This study investigates the coordination of production scheduling and maintenance planning in theflow shop scheduling environment. The problem is considered in a bi-objective form, minimizing themakespan as the production scheduling criterion and minimizing the system unavailability as themaintenance planning criterion. The time interval between consecutive maintenance activities as well as the...
متن کاملConsidering Pilot Protection in the Optimal Coordination of Distance and Directional Overcurrent Relays
The aim of the relay coordination is that protection systems detect and isolate the faulted part as fast and selective as possible. On the other hand, in order to reduce the fault clearing time, distance protection relays are usually equipped with pilot protection schemes. Such schemes can be considered in the distance and directional overcurrent relays (D&DOCRs) coordination to achieve faster ...
متن کاملOptimal Coordination of Distance and Directional Overcurrent Relays Considering Different Network Topologies
Most studies in relay coordination have focused solely on coordination of overcurrent relays while distance relays are used as the main protection of transmission lines. Since, simultaneous coordination of these two types of relays can provide a better protection, in this paper, a new approach is proposed for simultaneous coordination of distance and directional overcurrent relays (D&DOCRs). Al...
متن کاملCoordinating Orders in Three-echelon Supply Chain using price adjustment mechanism
Supply chain coordination has become a critical success factor for supply chain management (SCM). In the past few years, the researchers have widely emphasized that cooperation among supply chain (SC) firms is a key source of competitive advantage. This paper is focused on supply chain coordination from the perspective of inventory management. Li and Liu [1] developed a model for illustrating h...
متن کاملSystem Stability-Constrainted Optimal Protection Coordination in the Microgrid Including Renewable Energy Sources and Energy Storage
In this paper, the system stability-constrianted optimal protection coordination (SSCOPC) as stochastic problem in the microgrid with grid-connected and islanded operation modes, including renewable energy sources (RESs) and energy storage systems (ESSs), is presented. This problem to optimal regulation of the dual setting overcurrent relays (DSORs) and selecting the reactance size of fault cur...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
عنوان ژورنال:
- Games and Economic Behavior
دوره 76 شماره
صفحات -
تاریخ انتشار 2012