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We prove the generic equivalence between quasi-perfect equilibrium and sequential equilibrium. Combining this result with Blume and Zame (Econometrica 62:783–794, <CitationRef CitationID="CR2">1994</CitationRef>) shows that perfect, quasi-perfect and sequential equilibrium coincide in generic games. Copyright Springer-Verlag Berlin...</citationref>
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In a Bayesian assessment, beliefs are computed from the strategy profile applying Bayes rule at positive probability information sets. A consistent assessment is the limit point of a sequence of completely mixed Bayesian assessments. We characterize the set of extensive forms for which the sets...
Persistent link: https://www.econbiz.de/10010758631
In a Bayesian assessment beliefs are computed from the strategy profile following Bayes’ rule at positive probability information sets and for every subgame. We characterize the set of extensive-forms (extensive-form games without a payoff assignment) for which the sets of Bayesian assessments...
Persistent link: https://www.econbiz.de/10008491351
A weakly-Bayesian assessment is computed applying Bayes rule at positive probability information sets. We characterize the set of extensive-forms for which the sets of weakly-Bayesian and consistent assessments coincide. In doing so we disentangle the different restrictions imposed by...
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