Perfect equilibrium in games with compact action spaces

Simon and Stinchcombe distinguish two approaches to perfect equilibrium, the “trembling hand” approach, and the “finitistic” approach, for games with compact action spaces and continuous payoffs. We investigate relations between the different types of perfect equilibrium introduced by Simon and Stinchcombe. We also propose an improved version of the finitistic approach, and prove existence.

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Year of publication:	2013
Authors:	Bajoori, Elnaz ; Flesch, János ; Vermeulen, Dries
Published in:	Games and Economic Behavior. - Elsevier, ISSN 0899-8256. - Vol. 82.2013, C, p. 490-502
Publisher:	Elsevier
Subject:	Strategic form games \| Perfect equilibrium \| Compact action spaces

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Type of publication:	Article
Classification:	C72 - Noncooperative Games
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011049681