Do rational self maximizing actors always produce globally rational maximized results? This is a type of efficient market hypothesis. If your in CS, its equival

Do rational self maximizing actors always produce globally rational maximized results? This is a type of efficient market hypothesis. If your in CS, its equivalent to saying that localized greedy elementwise optimizers are globally optimum. There exist games like the prisoners dilemma that produce the worst outcome given rational maximizes. If the original problem in question is that type of game then your comment is actually the overly simplistic analysis.