Every Normal-Form Game Has a Pareto-Optimal Nonmyopic Equilibrium

• In Event: Fairness, Efficiency, and Voting

Brief Overview

We prove that every finite normal-form game has at least one Pareto-optimal nonmyopic equilibrium in pure strategies, which we define and illustrate. It seems likely to foster cooperation if players are sufficiently farsighted.

Authors

• Steven J. Brams, New York University

• King's College London, King's College London