“The outcome of a non-constant-sum game may be dictated by the individual rationality of the respective players without satisfying a criterion of collective rationality.”

Anatol Rapoport. (1974). Game Theory as a Theory of Conflict Resolution p. 4
1970s and later

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "The outcome of a non-constant-sum game may be dictated by the individual rationality of the respective players without …" by Anatol Rapoport?
Anatol Rapoport photo
Anatol Rapoport 45
Russian-born American mathematical psychologist 1911–2007

Related quotes

Eric Maskin photo
John Maynard Smith photo
Albert Schweitzer photo
Ludwig von Mises photo

“All rational action is economic. All economic activity is rational action. All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.”

Part II : The Economics of a Socialist Community, § I : The Economics of an Isolated Socialist Community, Ch. 5 : The Nature of Economic Activity, p. 97 http://www.econlib.org/library/Mises/msS3.html#Part%20II,Ch.5
Socialism (1922)
Source: Socialism: An Economic and Sociological Analysis

Robert Aumann photo
Roy Jenkins photo

“I respect your right to put them to me. You will no doubt respect my right to tell you that I do not think all the points in sum amount to a basis for a rational penal policy.”

Roy Jenkins (1920–2003) British politician, historian and writer

Source: Speech to the Police Federation conference in Eastbourne (18 May 1976) regarding the Federation's campaign on law and order, quoted in The Times (19 May 1976), p. 5

John R. Commons photo

Related topics