Perfect equilibrium in games with compact action spaces

成果类型:
Article
署名作者:
Bajoori, Elnaz; Flesch, Janos; Vermeulen, Dries
署名单位:
Maastricht University
刊物名称:
GAMES AND ECONOMIC BEHAVIOR
ISSN/ISSBN:
0899-8256
DOI:
10.1016/j.geb.2013.08.002
发表日期:
2013
页码:
490-502
关键词:
Strategic form games perfect equilibrium Compact action spaces
摘要:
Simon and Stinchcombe distinguish two approaches to perfect equilibrium, the trembling hand approach, and the finitistic approach, for games with compact action spaces and continuous payoffs. We investigate relations between the different types of perfect equilibrium introduced by Simon and Stinchcombe. We also propose an improved version of the finitistic approach, and prove existence. Despite the fact that the finitistic approach appeals to basic intuition, our results specifically Examples 3 and 4-seem to imply a severe critique of this approach. Further examples illustrate the relations between the two approaches and the relation to admissibility of strategies. (C) 2013 Elsevier Inc. All rights reserved.