作者：Sutton, J
作者单位：University of London; London School Economics & Political Science
摘要：I propose an equilibrium concept for a class of games in which players make irreversible costly decisions; these games have been widely used in the recent Industrial Organization literature. The equilibrium concept is defined not in the space of strategies, but in the space of (observable) outcomes. It is weaker than perfect Nash equilibrium, and it involves combining a form of survivor principle with an assumption about entry. This assumption involves only a very weak rationality requirement:...
