Showing 1 - 10 of 3,024
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...
Persistent link: https://www.econbiz.de/10011092198
This note characterizes ordinal potential games by the absence of weak improvement cycles and an order condition on the strategy space.This order condition is automatically satisfied if the strategy space is countable.
Persistent link: https://www.econbiz.de/10011086827
Persistent link: https://www.econbiz.de/10001773669
Persistent link: https://www.econbiz.de/10001222379
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...
Persistent link: https://www.econbiz.de/10002622655
Persistent link: https://www.econbiz.de/10002130795
Persistent link: https://www.econbiz.de/10002746117
Persistent link: https://www.econbiz.de/10003229537
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...
Persistent link: https://www.econbiz.de/10014064986
Persistent link: https://www.econbiz.de/10014071559