Showing 1 - 10 of 34
Persistent link: https://www.econbiz.de/10002513199
This paper extends the concepts of proper equilibria, protective behaviour and prudent behaviour to multicriteria games. Three types of proper equilibria based on different types of domination are introduced. It is shown that protective behaviour coincides with prudent behaviour. Possible...
Persistent link: https://www.econbiz.de/10014067775
Persistent link: https://www.econbiz.de/10014286793
Persistent link: https://www.econbiz.de/10001430571
Persistent link: https://www.econbiz.de/10001692421
Persistent link: https://www.econbiz.de/10014174954
This paper provides an overview of the various shapes the bestreply multifunctions can take in 2x2x2 trimatrix games. It is shown that, unlike in 2x2 bimatrix games, the best replies to the opponents pure strategies do not completely determine the structure of the Nash equilibrium set
Persistent link: https://www.econbiz.de/10014052878
Proper equilibrium plays a prominent role in the literature on non-cooperative games. The underlying thought experiment is, however, unsatisfying, as it gives no justification for its fundamental idea that severe mistakes are made with a significantly smaller probability than innocuous ones. In...
Persistent link: https://www.econbiz.de/10013097703
Persistent link: https://www.econbiz.de/10001634132
Persistent link: https://www.econbiz.de/10003897189