IDEAS home Printed from
   My bibliography  Save this article

Perfect equilibrium and lexicographic beliefs


  • Srihari Govindan

    () (Department of Economics, University of Western Ontario, N6A 5C2 London, Ontario, CANADA)

  • Tilman Klumpp

    () (Department of Economics, University of Western Ontario)


We extend the results of Blume, Brandenberger, and Dekel (1991b) to obtain a finite characterization of perfect equilibria in terms of lexicographic probability systems (LPSs). The LPSs we consider are defined over individual strategy sets and thus capture the property of independence among players' actions. Our definition of a product LPS over joint actions of the players is shown to be canonical, in the sense that any independent LPS on joint actions is essentially equivalent to a product LPS according to our definition.

Suggested Citation

  • Srihari Govindan & Tilman Klumpp, 2003. "Perfect equilibrium and lexicographic beliefs," International Journal of Game Theory, Springer;Game Theory Society, vol. 31(2), pages 229-243.
  • Handle: RePEc:spr:jogath:v:31:y:2003:i:2:p:229-243
    Note: Received February 2002/Final version June 2002

    Download full text from publisher

    File URL:
    Download Restriction: Access to the full text of the articles in this series is restricted

    As the access to this document is restricted, you may want to search for a different version of it.


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Srihari Govindan & Robert Wilson, 2012. "Axiomatic Equilibrium Selection for Generic Two‚ÄźPlayer Games," Econometrica, Econometric Society, vol. 80(4), pages 1639-1699, July.
    2. Dang, Chuangyin & Meng, Xiaoxuan & Talman, Dolf, 2015. "An Interior-Point Path-Following Method for Computing a Perfect Stationary Point of a Polynomial Mapping on a Polytope," Discussion Paper 2015-019, Tilburg University, Center for Economic Research.
    3. Srihari Govindan & Robert Wilson, 2008. "Axiomatic Theory of Equilibrium Selection in Signalling Games with Generic Payoffs," Levine's Working Paper Archive 122247000000002381, David K. Levine.
    4. Govindan, Srihari & Wilson, Robert B., 2006. "Sufficient conditions for stable equilibria," Theoretical Economics, Econometric Society, vol. 1(2), pages 167-206, June.
    5. Dekel, Eddie & Friedenberg, Amanda & Siniscalchi, Marciano, 2016. "Lexicographic beliefs and assumption," Journal of Economic Theory, Elsevier, vol. 163(C), pages 955-985.
    6. Peter A. Streufert, 2005. "Two Characterizations of Consistency," UWO Department of Economics Working Papers 20052, University of Western Ontario, Department of Economics.


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:jogath:v:31:y:2003:i:2:p:229-243. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla) or (Rebekah McClure). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.