Two examples of strategic equilibrium
AbstractTwo examples of strategic equilibrium are given. The first example is a two-person game with a unique dominant strategy for each player where the dominant strategy equilibrium is not extensive form perfect. It is argued that the concept of quasi-perfect equilibria may be superior to that of perfect equilibria. The second example is a two-person game with perfect information, a unique subgame perfect equilibrium, and a unique stable set, but where the latter allows different outcomes. Journal of Economic Literature Classification Number: C72.
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Bibliographic InfoPaper provided by Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) in its series CORE Discussion Papers RP with number -1137.
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Note: In : Games and Economic Behavior, 8, 378-388, 1995
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- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
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