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- Holmstrxc3xb6ms_theorem abstract "In economics, Holmström's theorem is an impossibility theorem attributed to Bengt R. Holmström proving that no incentive system for a team of agents can make all of the following true: Income equals outflow (the budget balances), The system has a Nash equilibrium, and The system is Pareto efficient.Thus a Pareto-efficient system with a balanced budget does not have any point at which an agent can not do better by changing their effort level, even if everyone else's effort level stays the same, meaning that the agents can never settle down to a stable strategy; a Pareto-efficient system with a Nash equilibrium does not distribute all revenue, or spends more than it has; and a system with a Nash equilibrium and balanced budget does not maximise the total profit of everybody.The Gibbard-Satterthwaite theorem in social choice theory is a related impossibility theorem dealing with voting systems.".
- Holmstrxc3xb6ms_theorem wikiPageID "11669549".
- Holmstrxc3xb6ms_theorem wikiPageLength "2855".
- Holmstrxc3xb6ms_theorem wikiPageOutDegree "12".
- Holmstrxc3xb6ms_theorem wikiPageRevisionID "569592552".
- Holmstrxc3xb6ms_theorem wikiPageWikiLink Bengt_R._Holmström.
- Holmstrxc3xb6ms_theorem wikiPageWikiLink Category:Economics_theorems.
- Holmstrxc3xb6ms_theorem wikiPageWikiLink Concave_function.
- Holmstrxc3xb6ms_theorem wikiPageWikiLink Economics.
- Holmstrxc3xb6ms_theorem wikiPageWikiLink Gibbard-Satterthwaite_theorem.
- Holmstrxc3xb6ms_theorem wikiPageWikiLink Gibbard–Satterthwaite_theorem.
- Holmstrxc3xb6ms_theorem wikiPageWikiLink Impossibility_theorem.
- Holmstrxc3xb6ms_theorem wikiPageWikiLink Nash_equilibrium.
- Holmstrxc3xb6ms_theorem wikiPageWikiLink Pareto_efficiency.
- Holmstrxc3xb6ms_theorem wikiPageWikiLink Pareto_efficient.
- Holmstrxc3xb6ms_theorem wikiPageWikiLink Preference.
- Holmstrxc3xb6ms_theorem wikiPageWikiLink Proof_of_impossibility.
- Holmstrxc3xb6ms_theorem wikiPageWikiLink Risk_neutral.
- Holmstrxc3xb6ms_theorem wikiPageWikiLink Social_choice_theory.
- Holmstrxc3xb6ms_theorem wikiPageWikiLink Voting_system.
- Holmstrxc3xb6ms_theorem wikiPageWikiLinkText "Holmstr%C3%B6m's theorem".
- Holmstrxc3xb6ms_theorem wikiPageWikiLinkText "Holmström's theorem".
- Holmstrxc3xb6ms_theorem hasPhotoCollection Holmstrxc3xb6ms_theorem.
- Holmstrxc3xb6ms_theorem wikiPageUsesTemplate Template:Jstor.
- Holmstrxc3xb6ms_theorem subject Category:Economics_theorems.
- Holmstrxc3xb6ms_theorem comment "In economics, Holmström's theorem is an impossibility theorem attributed to Bengt R.".
- Holmstrxc3xb6ms_theorem label "Holmström's theorem".
- Holmstrxc3xb6ms_theorem sameAs Teorema_di_Holmström.
- Holmstrxc3xb6ms_theorem sameAs m.02rnd0t.
- Holmstrxc3xb6ms_theorem sameAs Q3984020.
- Holmstrxc3xb6ms_theorem sameAs Q3984020.
- Holmstrxc3xb6ms_theorem wasDerivedFrom Holmstrxc3xb6ms_theoremoldid=569592552.
- Holmstrxc3xb6ms_theorem isPrimaryTopicOf Holmstrxc3xb6ms_theorem.