Showing 1 - 10 of 119
Persistent link: https://www.econbiz.de/10005409051
Persistent link: https://www.econbiz.de/10005413853
In general, the result of the elimination of weakly dominated strategies depends on order. We define nice weak dominance. Under nice weak dominance, order does not matter. We identify an important class of games under which nice weak dominance and weak dominance are equivalent, and so order...
Persistent link: https://www.econbiz.de/10005766699
Persistent link: https://www.econbiz.de/10008217782
Persistent link: https://www.econbiz.de/10008220143
We consider discontinuous games with incomplete information. Auctions are a leading example. With standard tie breaking rules (or more generally, sharing rules), these games may not have equilibria. We consider sharing rules that depend on the private information of players. We show that there...
Persistent link: https://www.econbiz.de/10005482062
Persistent link: https://www.econbiz.de/10005408657
Persistent link: https://www.econbiz.de/10005408801
Persistent link: https://www.econbiz.de/10005409211
We show, that Strategy profile of a normal form game is proper if and only if it is quasiperfect in every extensive form (with that normal form). Thus, properness requires optimality along a sequence of suppol ting trembles, while sequentiality only requires optimality in the limit. A...
Persistent link: https://www.econbiz.de/10005417210