EQUILIBRIUM REFINEMENT FOR INFINITE NORMAL-FORM GAMES

被引:49
|
作者
SIMON, LK [1 ]
STINCHCOMBE, MB [1 ]
机构
[1] UNIV TEXAS,DEPT ECON,AUSTIN,TX 78712
关键词
INFINITE GAMES; EQUILIBRIUM REFINEMENT; FINITE APPROXIMATIONS;
D O I
10.2307/2171776
中图分类号
F [经济];
学科分类号
02 ;
摘要
We present three distinct approaches to perfect and proper equilibria for infinite normal form games. In the first two approaches, players ''tremble'' in the infinite games playing full support approximate best responses to others' strategies. In the strong approach, a tremble assigns high probability to the set of pure best responses; in the weak approach, it assigns high probability to a neighborhood of this set. The third, limit-of-finite approach applies traditional refinements to sequences of successively larger finite games. Overall, the strong approach to equilibrium refinement most fully respects the structure of infinite games.
引用
收藏
页码:1421 / 1443
页数:23
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