Price of Pareto optimality in hedonic games
The Price of Anarchy measures the welfare loss caused by selfish behavior: it is defined as the ratio of the social welfare in a socially optimal outcome and in a worst Nash equilibrium. Similar measures can be derived for other classes of stable outcomes. We observe that Pareto optimality can be se...
| Main Authors: | , , |
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| Format: | Journal article |
| Language: | English |
| Published: |
Elsevier
2020
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