On Stable Social Laws and Qualitative Equilibrium for Risk-Averse Agents

  title={On Stable Social Laws and Qualitative Equilibrium for Risk-Averse Agents},
  author={Moshe Tennenholtz},
This paper introduces and investigates the notion of qualitative equilibria, or stable social laws, in the context of qualitative decision making. Previous work in qualitative decision theory has used the maximin decision criterion for modelling qualitative decision making. When several decision-makers share a common environment, a corresponding notion of equilibrium can be deened. This notion can be associated with the concept of a stable social law. This paper initiates a basic study of… CONTINUE READING

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