Pure strategy Nash equilibria and the probabilistic prospects of Stackelberg players

被引:2
|
作者
Stanford, William [1 ]
机构
[1] Univ Illinois, Dept Econ MC 144, Chicago, IL 60607 USA
关键词
Finite Stackelberg games; Stochastic dominance; Leader-follower preferences; Pure strategy Nash equilibrium;
D O I
10.1016/j.orl.2009.10.012
中图分类号
C93 [管理学]; O22 [运筹学];
学科分类号
070105 ; 12 ; 1201 ; 1202 ; 120202 ;
摘要
We consider the set of all m x n bimatrix games with ordinal payoffs. We show that on the subset E of such games possessing at least one pure strategy Nash equilibrium, both players prefer the role of leader to that of follower in the corresponding Stackelberg games. This preference is in the sense of first-degree stochastic dominance by leader payoffs of follower payoffs. It follows easily that on the complement of E, the follower's role is preferred in the same sense. Thus we see a tendency for leadership preference to obtain in the presence of multiple pure strategy Nash equilibria in the underlying game. (C) 2009 Elsevier B.V. All rights reserved.
引用
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页码:94 / 96
页数:3
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