Preparation and toolkit learning
A product set of pure strategies is a prep set ("prep" is short for "preparation") if it contains at least one best reply to any consistent belief that a player may have about the strategic behavior of his opponents. Minimal prep sets are shown to exists in a class of strategic games satisfying minor topological conditions. The concept of minimal prep sets is compared with (pure and mixed) Nash equilibria, minimal curb sets, and rationalizability. Additional dynamic motivation for the concept is provided by a model of adaptive play that is shown to settle down in minimal prep sets.
|Date of creation:||04 Jan 2002|
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- Martin Dufwenberg & Henk Norde & Hans Reijnierse & Stef Tijs, 2001.
"The consistency principle for set-valued solutions and a new direction for normative game theory,"
Mathematical Methods of Operations Research,
Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 54(1), pages 119-131, October.
- Dufwenberg, M. & Norde, H. & Reijnierse, H. & Tijs, S., 1998. "The Consistency Principle for Set-Valued Solutions and a New Direction for Normative Game Theory," Papers 1998-11, Uppsala - Working Paper Series.
- Dufwenberg, M. & Norde, H.W. & Reijnierse, J.H. & Tijs, S.H., 2001. "The consistency principle for set-valued solutions and a new direction for normative game theory," Other publications TiSEM a92b40c8-7807-47db-8abd-a, Tilburg University, School of Economics and Management.
- Dufwenberg, Martin & Norde, Henk & Reijnierse, Hans & Tijs, Stef, 1998. "The Consistency Principle for Set-valued Solutions and a New Direction for Normative Game Theory," Working Paper Series 1998:11, Uppsala University, Department of Economics.
- Pearce, David G, 1984. "Rationalizable Strategic Behavior and the Problem of Perfection," Econometrica, Econometric Society, vol. 52(4), pages 1029-1050, July.
- Basu, Kaushik & Weibull, Jorgen W., 1991. "Strategy subsets closed under rational behavior," Economics Letters, Elsevier, vol. 36(2), pages 141-146, June.
- Basu, K. & Weibull, J., 1990. "Strategy Subsets Closed Under Rational Behavior," Papers 62, Princeton, Woodrow Wilson School - Discussion Paper.
- Basu, K. & Weibull, J.W., 1990. "Strategy Subsets Closed Under Rational Behaviour," Papers 479, Stockholm - International Economic Studies.
- Peleg, Bezalel & Tijs, Stef, 1996. "The Consistency Principle for Games in Strategic Forms," International Journal of Game Theory, Springer;Game Theory Society, vol. 25(1), pages 13-34.
- Peleg, B. & Tijs, S., 1993. "The Consistency Principle for Games in Strategic Form," Papers 9306, Tilburg - Center for Economic Research.
- Peleg, B. & Tijs, S.H., 1996. "The consistency principle for games in strategic form," Other publications TiSEM fc27db2d-b84c-44ba-95a1-0, Tilburg University, School of Economics and Management.
- Peleg, B. & Tijs, S.H., 1993. "The consistency principle for games in strategic form," Discussion Paper 1993-6, Tilburg University, Center for Economic Research.
- Peleg, Bezalel & Potters, Jos A M & Tijs, Stef H, 1996. "Minimality of Consistent Solutions for Strategic Games, in Particular for Potential Games," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 7(1), pages 81-93, January.
- Peleg, B. & Potters, J.A.M. & Tijs, S.H., 1996. "Minimality of consistent solutions for strategic games, in particular for potential games," Other publications TiSEM 159e2ef3-4411-4900-9bf1-b, Tilburg University, School of Economics and Management.
- Vega-Redondo, Fernando, 1993. "Simple and Inertial Behavior: An Optimizing Decision Model with Imprecise Perceptions," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 3(1), pages 87-98, January.
- Hurkens Sjaak, 1995. "Learning by Forgetful Players," Games and Economic Behavior, Elsevier, vol. 11(2), pages 304-329, November.
- Matsui, Akihiko, 1992. "Best response dynamics and socially stable strategies," Journal of Economic Theory, Elsevier, vol. 57(2), pages 343-362, August. Full references (including those not matched with items on IDEAS)
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