Jung, Hanjoon Michael - Volkswirtschaftliche Fakultät, … - 2009
We propose a complete version of the sequential equilibrium (CSE) and its alternative solution concept (WCSE) for … general finite-period games with observed actions. The sequential equilibrium (SE) is not a complete solution concept in that … a Nash equilibrium and is equivalent to the SE in finite games. So, the CSE is a complete solution concept in the …