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Another impossibility result for normal form games
被引:0
|作者:
Antonio Quesada
机构:
[1] Universidad de Murcia,Departamento de Fundamentos del Análisis Económico, Facultad de Economía y Empresa
来源:
关键词:
Normal form game;
rationally justifiable play;
quasi-strict equilibrium;
consistent ;
-tuple;
D O I:
暂无
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摘要:
It is shown that the axioms Cubitt and Sugden (1994; Economic J. 104: 798) impose on a theory of rationally justifiable play (TRJP) do not prevent the possibility that two players necessarily disagree concerning the probability they ascribe to the choice of a third player. This appears to indicate that those axioms are not sufficient for defining a `reasonable' TRJP. In addition, for the case in which a player's beliefs are statistically independent, conditions for a TRJP are suggested under which the existence of a quasi-strict equilibrium is sufficient, but the existence of a consistent n-pair is not, for defining a TRJP meeting those requirements.
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页码:73 / 80
页数:7
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