SEQUENTIAL EQUILIBRIA AND STABLE SETS OF BELIEFS

成果类型:
Article
署名作者:
HILLAS, J
署名单位:
State University of New York (SUNY) System; Stony Brook University
刊物名称:
JOURNAL OF ECONOMIC THEORY
ISSN/ISSBN:
0022-0531
DOI:
10.1006/jeth.1994.1055
发表日期:
1994
页码:
78-102
关键词:
摘要:
A stable set of beliefs is defined to be a subset of the set of sequential equilibria such that for any equilibrium in the subset the beliefs and/or actions at any information set should be consistent with the equilibria in the subset that reach that information set. Further, any sequential equilibrium that is not in the subset disagrees, at some unreached information set, with the equilibria of the subset that do reach that information set. The behavior of this solution is examined in a number of examples and is contrasted with the behavior of other solution concepts.