The Consistency Principle for Games in Strategic Forms
AbstractWe start with giving an axiomatic characterization of the Nash equilibrium (NE) correspondence in terms of consistency, converse consistency and one-person rationality. Then axiomatizations are given of the strong NE correspondence, the coalition-proof NE correspondence and the semi-strong NE. In all these characterizations consistency and suitable variants of converse consistency play a role. Finally, the dominant NE correspondence is characterized. We also indicate how to generalize our results to Bayesian and extensive games.
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Bibliographic InfoArticle provided by Springer in its journal International Journal of Game Theory.
Volume (Year): 25 (1996)
Issue (Month): 1 ()
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Web page: http://link.springer.de/link/service/journals/00182/index.htm
Other versions of this item:
- Peleg, B. & Tijs, S.H., 1996. "The consistency principle for games in strategic form," Open Access publications from Tilburg University urn:nbn:nl:ui:12-72911, Tilburg University.
- Peleg, B. & Tijs, S., 1993. "The Consistency Principle for Games in Strategic Form," Papers 9306, Tilburg - Center for Economic Research.
- Peleg, B. & Tijs, S.H., 1993. "The consistency principle for games in strategic form," Discussion Paper 1993-6, Tilburg University, Center for Economic Research.
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