Imperfectly Observable Commitments inn-Player Games
AbstractIn a two-stage extensive form game where followers can observe moves by leaders only with noise, pure subgame perfect Nash equilibria of the limiting game without noise may not survive arbitrarily small noise. Still, for generic games, there is always at least one subgame perfect equilibrium outcome of the game with no noise that is approximated by equilibrium outcomes of games with small noise. This, however, depends crucially on generic payoffs.
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Bibliographic InfoArticle provided by Elsevier in its journal Games and Economic Behavior.
Volume (Year): 23 (1998)
Issue (Month): 1 (April)
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Web page: http://www.elsevier.com/locate/inca/622836
Other versions of this item:
- Gueth, Werner & Kirchsteiger, Georg & Ritzberger, Klaus, 1996. "Imperfectly Observable Commitments in n-Player Games," Economics Series 35, Institute for Advanced Studies.
- Werner GÜTH & Georg KIRCHSTEIGER & Klaus RITZBERGER, 1995. "Imperfectly Observable Commitments in n-Player Games," Vienna Economics Papers vie9507, University of Vienna, Department of Economics.
- Georg Kirchsteiger & Werner Güth & Klaus Ritzberger, 1998. "Imperfectly observable commitments in n-player games," ULB Institutional Repository 2013/5907, ULB -- Universite Libre de Bruxelles.
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
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