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Nested potentials and robust equilibria

Author

Listed:
  • UNO, Hiroshi

    (Université catholique de Louvain, CORE, B-1348 Louvain-la-Neuve, Belgium)

Abstract

This paper introduces the notion of nested best response potentials for complete information games. It is shown that a unique maximizer of such a potential is a Nash equilibrium that is robust to incomplete information in the sense of Kajii and Morris (1997, mimeo).

Suggested Citation

  • UNO, Hiroshi, 2010. "Nested potentials and robust equilibria," LIDAM Discussion Papers CORE 2010010, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  • Handle: RePEc:cor:louvco:2010010
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    File URL: https://sites.uclouvain.be/core/publications/coredp/coredp2010.html
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    More about this item

    Keywords

    incomplete information; potential games; robustness; refinements;
    All these keywords.

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games

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