Dominance rationality: A unified approach
成果类型:
Article
署名作者:
Hillas, John; Samet, Dov
署名单位:
University of Auckland; Tel Aviv University
刊物名称:
GAMES AND ECONOMIC BEHAVIOR
ISSN/ISSBN:
0899-8256
DOI:
10.1016/j.geb.2019.11.001
发表日期:
2020
页码:
189-196
关键词:
Dominance rationality
Strict dominance
Weak dominance
Order independence
Flaws
Common knowledge of rationality
iterative elimination
摘要:
There are four types of dominance depending on whether domination is strict or weak and whether the dominating strategy is pure or mixed. Letting d vary over these four types of dominance, we say that a player is d-dominance rational when she does not play a strategy that is d-dominated relative to what she knows. For weak dominance by a mixed strategy, Stalnaker (1994) introduced a process of iterative maximal elimination of certain profiles that we call here flaws. We define here, analogously, d-flaws for each type of dominance d, and show that for each d, iterative elimination of d-flaws is order independent. We then show that the characterization of common knowledge of d-dominance rationality is the same for each d. A strategy profile can be played when d-dominance rationality is commonly known if and only if it survives an iterative elimination of d-flaws. (C) 2019 Elsevier Inc. All rights reserved.