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  • 1Tragedy of the commons — Cows on Selsley Common. The tragedy of the commons is one way of accounting for overexploitation. The tragedy of the commons is a dilemma arising from the situation in which multiple individuals, acting independently and rationally consulting… …

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  • 2Nash equilibrium — A solution concept in game theory Relationships Subset of Rationalizability, Epsilon equilibrium, Correlated equilibrium Superset of Evolutionarily stable strategy …

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  • 3Common knowledge (logic) — For common knowledge in general, see Common knowledge. Common knowledge is a special kind of knowledge for a group of agents. There is common knowledge of p in a group of agents G when all the agents in G know p, they all know that they know p,… …

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  • 4Arrow's impossibility theorem — In social choice theory, Arrow’s impossibility theorem, the General Possibility Theorem, or Arrow’s paradox, states that, when voters have three or more distinct alternatives (options), no voting system can convert the ranked preferences of… …

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  • 5Unscrupulous diner's dilemma — In game theory, the Unscrupulous diner s dilemma (or just Diner s dilemma) is an n player prisoner s dilemma. The situation imagined is that several individuals go out to eat, and prior to ordering they agree to split the check equally between… …

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  • 6Markov perfect equilibrium — A solution concept in game theory Relationships Subset of Subgame perfect equilibrium Significance Proposed by …

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  • 7Upstate New York — The standard definition of Upstate New Yorklegend|lime|North Country and Adirondacks, often referred to as the true upstate by localsUpstate New York is the region of New York State north of the core of the New York metropolitan area. It has a… …

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