Peski, Marcin - In: Journal of Economic Theory 145 (2010) 1, pp. 216-248
This paper proposes two (ordinal and cardinal) generalizations of [J.C. Harsanyi, R. Selten, A General Theory of Equilibrium Selection in Games, MIT Press, Cambridge, MA and London, 1988] risk-dominance to multi-player, multi-action games. There are three reasons why generalized risk-dominance...