scholarly journals Refinements of Equilibria for Population Games Based on Bounded Rationality of Agents

2020 ◽  
Vol 2020 ◽  
pp. 1-8
Author(s):  
Chongyi Zhong ◽  
Hui Yang ◽  
Chun Wang

We consider stability of equilibria for population games against slight perturbation on the social state space. We provide a necessary and sufficient condition for the existence of Nash equilibria for perturbed population games, which is very important and interesting. Then, refinements of equilibria for population games are introduced. Equivalent characterizations of perfect equilibrium are given. At last, it is shown that each population game admits at least one perfect (proper, weakly proper, and robust) equilibrium.

1995 ◽  
Vol 25 (2) ◽  
pp. 257-281 ◽  
Author(s):  
Andrew D. Williams

John Rawls's famous difference principle is capable of at least four distinct statements, each of which occurs inA Theory of Justice.According to what I shall term the Crude Principle it is a necessary and sufficient condition for the justice of an institutional scheme which expands social and economic inequality that, subject to the satisfaction of more weighty principles, it increases the level of advantage of the least advantaged. Expressing this principle Rawls writes that,Assuming the framework of institutions required by equal liberty and fair equality of opportunity, the higher expectations of those better situated are just if and only if they work as part of a scheme which improves the expectations of the least advantaged members of society. The intuitive idea is that the social order is not to establish and secure the more attractive prospects of those better off unless doing so is to the advantage of those less fortunate.


2003 ◽  
Vol 17 (3) ◽  
pp. 257-266 ◽  
Author(s):  
Mark H. Taylor ◽  
F. Todd DeZoort ◽  
Edward Munn ◽  
Martha Wetterhall Thomas

This paper introduces an auditor reliability framework that repositions the role of auditor independence in the accounting profession. The framework is motivated in part by widespread confusion about independence and the auditing profession's continuing problems with managing independence and inspiring public confidence. We use philosophical, theoretical, and professional arguments to argue that the public interest will be best served by reprioritizing professional and ethical objectives to establish reliability in fact and appearance as the cornerstone of the profession, rather than relationship-based independence in fact and appearance. This revised framework requires three foundation elements to control subjectivity in auditors' judgments and decisions: independence, integrity, and expertise. Each element is a necessary but not sufficient condition for maximizing objectivity. Objectivity, in turn, is a necessary and sufficient condition for achieving and maintaining reliability in fact and appearance.


Author(s):  
Thomas Sinclair

The Kantian account of political authority holds that the state is a necessary and sufficient condition of our freedom. We cannot be free outside the state, Kantians argue, because any attempt to have the “acquired rights” necessary for our freedom implicates us in objectionable relations of dependence on private judgment. Only in the state can this problem be overcome. But it is not clear how mere institutions could make the necessary difference, and contemporary Kantians have not offered compelling explanations. A detailed analysis is presented of the problems Kantians identify with the state of nature and the objections they face in claiming that the state overcomes them. A response is sketched on behalf of Kantians. The key idea is that under state institutions, a person can make claims of acquired right without presupposing that she is by nature exceptional in her capacity to bind others.


Physics ◽  
2021 ◽  
Vol 3 (2) ◽  
pp. 352-366
Author(s):  
Thomas Berry ◽  
Matt Visser

In this paper, Lorentz boosts and Wigner rotations are considered from a (complexified) quaternionic point of view. It is demonstrated that, for a suitably defined self-adjoint complex quaternionic 4-velocity, pure Lorentz boosts can be phrased in terms of the quaternion square root of the relative 4-velocity connecting the two inertial frames. Straightforward computations then lead to quite explicit and relatively simple algebraic formulae for the composition of 4-velocities and the Wigner angle. The Wigner rotation is subsequently related to the generic non-associativity of the composition of three 4-velocities, and a necessary and sufficient condition is developed for the associativity to hold. Finally, the authors relate the composition of 4-velocities to a specific implementation of the Baker–Campbell–Hausdorff theorem. As compared to ordinary 4×4 Lorentz transformations, the use of self-adjoint complexified quaternions leads, from a computational view, to storage savings and more rapid computations, and from a pedagogical view to to relatively simple and explicit formulae.


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