menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Price Theory and Applications
  4. Exam
    Exam 12: The Theory of Games
  5. Question
    A Nash Equilibrium Need Not Be Pareto Optimal,and a Pareto-Optimal
Solved

A Nash Equilibrium Need Not Be Pareto Optimal,and a Pareto-Optimal

Question 62

Question 62

True/False

A Nash equilibrium need not be Pareto optimal,and a Pareto-optimal outcome need not be a Nash equilibrium.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q57: In the Prisoners' Dilemma game,the only outcome

Q58: When a game has more than one

Q59: Consider the Prisoners' Dilemma game,and suppose one

Q60: In a sequential game,guaranteed commitment to a

Q61: Define the term Nash equilibrium.In general,what can

Q63: A Cournot equilibrium arises when one player

Q64: When a player randomly chooses the strategy

Q65: The Stackelberg equilibrium of a sequential game

Q66: An outcome is not a Nash equilibrium

Q67: In any game,all that is necessary to

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines