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It is known that generic games within certain collections of infinite-action normal-form games have only essential equilibria. We point to a difficulty in showing that essential equilibria in generic games are (strictly) perfect, and we identify collections of games whose generic members have...
Persistent link: https://www.econbiz.de/10010940014
We compare the properties of several notions of trembling-hand perfection within classes of compact, metric, and possibly discontinuous games, and show that in the presence of payoff discontinuities, standard notions of trembling-hand perfection fail a weakening of admissibility termed limit...
Persistent link: https://www.econbiz.de/10010608639