Pareto optimality and Walrasian equilibria

Pareto-optimality of Compromise Decisions Pareto-optimality of Compromise Decisions

This paper deals with the problem of existence of compromise decisions and conditions for a compromise decision to be weakly Pareto-optimal, i.e., to be a weak Pareto-maximizer, Pareto-maximizer, or strong Pareto-maximizer. The concept of compromise decision is generalized by adopting triangular norms. Further, a concept of fuzzy interval is introduced. Suucient conditions for the existence of ...

Skyline Queries and Pareto Optimality

Reasoned Assumptions and Pareto Optimality

Default and non-monotonic inference rule* are not really epistemological statements, but are instead desires or preferences of the agent about the makeup of Its own mental state (cpistemic or otherwise). The fundamental relation in non-monotonic logic is not so mum self-knowledge as self-choice or self-determination, and the fundamental justification of the interpretations and structures involv...

On the Equivalence of Walrasian and Non-walrasian Equilibria in Contract Markets: Complete Contracts

This paper explores two models of an economy in which contracts are exchanged. In the rst version contracts are exchanged on a competitive market in which traders expectations concerning conditions that prevail within specic markets adjust until markets`clear'. In the second model contract designers compete directly against one another by oering alternate contracts. It is shown that the two mod...

Pareto Optimality in Coevolutionary Learning

We develop a novel coevolutionary algorithm based upon the concept of Pareto optimality. The Pareto criterion is core to conventional multi-objective optimization (MOO) algorithms. We can think of agents in a coevolutionary system as performing MOO, as well: An agent interacts with many other agents, each of which can be regarded as an objective for optimization. We adapt the Pareto concept to ...