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Iterated bounded dominance

Author

Listed:
  • Hsieh, Yue-Da
  • Qian, Xuewen
  • Qu, Chen

Abstract

Motivated by the desideratum of undominated dominators (Jackson, 1992), we provide a notion of iterated elimination of boundedly dominated strategies for (in)finite strategic games and a wide variety of dominance relations. By introducing a condition of forgetfulness-proofness, we establish the equivalence among the usual iterated dominance, our notion of iterated bounded dominance, and Gilboa, Kalai and Zemel’s (1990) procedure. We also investigate the connection of forgetfulness-proofness with other similar conditions in the literature.

Suggested Citation

  • Hsieh, Yue-Da & Qian, Xuewen & Qu, Chen, 2023. "Iterated bounded dominance," Economics Letters, Elsevier, vol. 232(C).
    • Handle: RePEc:eee:ecolet:v:232:y:2023:i:c:s0165176523003853
    DOI: 10.1016/j.econlet.2023.111360
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    References listed on IDEAS

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    6. Xiao Luo & Xuewen Qian & Chen Qu, 2020. "Iterated elimination procedures," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 70(2), pages 437-465, September.
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    More about this item

    Keywords

    Dominance; Iterated elimination; Boundedness; Forgetfulness-proofness;
    All these keywords.

    JEL classification:

    • C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General
    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games

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