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Since the seminal paper of Nash (1950) game theoretic literature has focused mostly on equilibrium and not on maximin (minimax) strategies. We study the properties of these strategies in 2-player non-zero-sum strategic games, whose Nash equilibria are only mixed.
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-like strategies, with deviations above and below the steady state leading to different responses. We extend the theory of differential …
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of the result in the area of non-cooperative game theory. …
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, contrary to theory, public signals are equally persuasive as private ones under strategic substitutes. Senders respond to this …
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For games in which there is no evolutionarily stable strategy, it can be useful to look for neutrally stable ones. In extensive form games for instance there is typically no evolutionary stable strategy, while there may very well be a neutrally stable one. Such strategies can however still be...
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