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Collective Rationality

- Equilibrium in Cooperative Games

About Collective Rationality

This book argues that a group's act is evaluable for rationality if it is the products of acts its members fully control. It also argues that such an act is collectively rational if the acts of the group's members are rational. Efficiency is a goal of collective rationality, but not a requirement, except in cases where agents have rationally prepared for joint action.

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  • Language:
  • English
  • ISBN:
  • 9780199929016
  • Binding:
  • Paperback
  • Pages:
  • 284
  • Published:
  • July 12, 2012
  • Dimensions:
  • 232x156x19 mm.
  • Weight:
  • 430 g.
Delivery: 1-2 weeks
Expected delivery: July 18, 2024

Description of Collective Rationality

This book argues that a group's act is evaluable for rationality if it is the products of acts its members fully control. It also argues that such an act is collectively rational if the acts of the group's members are rational. Efficiency is a goal of collective rationality, but not a requirement, except in cases where agents have rationally prepared for joint action.

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