Umbhauer, Gisèle - Bureau d'Économie Théorique et Appliquée (BETA), … - 2007
best-reply matching (BRM) approach developed by Droste, Kosfeld & Voorneveld (2003) for games in normal form. In a BRM … equilibrium, the probability assigned by a player to a pure strategy is linked to the number of times this strategy is a best … reply to the other players’ played strategies. We extend this logic to signaling games in extensive form and apply the new …