Imperfectly Observable Commitments inn-Player Games
In 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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Volume (Year): 23 (1998)
Issue (Month): 1 (April)
Pages: 54-74
| Handle: | RePEc:eee:gamebe:v:23:y:1998:i:1:p:54-74 |
| Contact details of provider: | Web page: http://www.elsevier.com/locate/inca/622836
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References listed on IDEAS
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"On the strategic stability of equilibria,"
CORE Discussion Papers RP
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- E. Kohlberg & J.-F. Mertens, 1998. "On the Strategic Stability of Equilibria," Levine's Working Paper Archive 445, David K. Levine.
- Bagwell, Kyle, 1995.
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Games and Economic Behavior,
Elsevier, vol. 8(2), pages 271-280.
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"Games with imperfectly observable commitment,"
Other publications TiSEM
98d6e8cb-38a1-4341-b53e-d, School of Economics and Management.
- van Damme, Eric & Hurkens, Sjaak, 1997. "Games with Imperfectly Observable Commitment," Games and Economic Behavior, Elsevier, vol. 21(1-2), pages 282-308, October.
- van Damme, E.E.C. & Hurkens, J.P.M., 1994. "Games with imperfectly observable commitment," Discussion Paper 1994-64, Tilburg University, Center for Economic Research.
- Ritzberger, Klaus, 1994. "The Theory of Normal Form Games form the Differentiable Viewpoint," International Journal of Game Theory, Springer, vol. 23(3), pages 207-36.
- van Damme, E.E.C., 1984. "A relation between perfect equilibria in extensive form games and proper equilibria in normal form games," Other publications TiSEM 3734d89e-fd5c-4c80-a230-5, School of Economics and Management.
- repec:ner:tilbur:urn:nbn:nl:ui:12-74216 is not listed on IDEAS
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