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Träfflista för sökning "WFRF:(Weibull Jörgen) srt2:(1990-1994)"

Search: WFRF:(Weibull Jörgen) > (1990-1994)

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1.
  • Basu, Kaushik, et al. (author)
  • Strategy Subsets Closed under Rational Behavior
  • 1990
  • Reports (other academic/artistic)abstract
    • A set of strategy profiles is here said to be closed under rational behavior (curb) of it contains all its best replies. Each curb set contains the support of at least one Nash equilibrium in mixed strategies, but there are perfect Nash equilibria that are not contained in any minimal curb set. It is shown that every game with compact strategy sets and continuous payoff functions possesses at least one minimal curb set, that every minimal curb set is identical with its best replies and that it is contained in the set of rationalizable strategy profiles.
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2.
  • Weibull, Jörgen W. (author)
  • On Self-Enforcement in Extensive-Form Games
  • 1990
  • Reports (other academic/artistic)abstract
    • This paper discusses the issue of self-enforcement in finite extensive form games. A new criterion is developed which essentially requires that, for any given degree (є) of accuracy, every player's strategy should be locally optimal at each of his information sets under some probabilistic hypothesis about all player's behavior which at least approximately (within є) agrees with the tested profile at all points in the game where his information set provides no evidence of a deviation. Like sequential equilibrium, this criterion is more stringent than subgame perfection but less stringent than ("trembling hand" extensive-form) perfect equilibrium. In contrast to sequential equilibrium, the approach builds in an individualistic and set-theoretic consistency condition which can be viewed as a version of Occam's razor.
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  • Result 1-2 of 2
Type of publication
reports (2)
Type of content
other academic/artistic (2)
Author/Editor
Weibull, Jörgen W. (2)
Basu, Kaushik (1)
University
Stockholm University (2)
Language
English (2)
Research subject (UKÄ/SCB)
Social Sciences (2)
Year

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