Borm, Peter; Hendrickx, Ruud; Kleppe, J. - Tilburg University, Center for Economic Research - 2008
Fall back equilibrium is a refinement of the Nash equilibrium concept. In the underly- ing thought experiment each … action. In this paper we introduce the concept of fall back equilibrium and show that the set of fall back equilibria is a … among other results it is shown that each robust equilibrium is fall back and for bimatrix games also each proper …