Voorneveld, Mark; Kets, Willemien; Norde, Henk - Economics Institute for Research (SIR), … - 2005
Norde et al. [Games Econ. Behav. 12 (1996) 219] proved that none of the equilibrium concepts in the literature on equilibrium selection in finite strategic games satisfying existence is consistent. A transition to set-valued solution concepts overcomes the inconsistency problem: there is a...
