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A Perfectness Concept for Multicriteria Games

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Author Info
Megen, F. van
Borm, P.
Tijs, S. (Tilburg University, Center for Economic Research)

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Abstract

This paper considers a refinement of equilibria for multicriteria games based on the perfectness concept of Selten (1975). Existence of perfect equilibrium points is shown and several characterizations are provided. Furthermore, contrary to the result for equilibria for multicriteria games, an example shows that there is no exact correspondence between perfect equilibrium points and the perfect Nash equilibria of the related trade-of games.

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Publisher Info
Paper provided by Tilburg University, Center for Economic Research in its series Discussion Paper with number 28.

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Date of creation: 1995
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Handle: RePEc:dgr:kubcen:199528

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References listed on IDEAS
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  1. Kohlberg, Elon & Mertens, Jean-Francois, 1986. "On the Strategic Stability of Equilibria," Econometrica, Econometric Society, vol. 54(5), pages 1003-37, September. [Downloadable!] (restricted)
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Cited by:
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  1. Quant, M. & Borm, P.E.M. & Fiestras-Janeiro, G. & Megen, F. van, 2004. "On properness and protectiveness in two person multicriteria games," Discussion Paper 127, Tilburg University, Center for Economic Research. [Downloadable!]
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This page was last updated on 2008-7-29.

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