Imperfectly Observable Commitments in n-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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- Ritzberger, Klaus, 1994. "The Theory of Normal Form Games form the Differentiable Viewpoint," International Journal of Game Theory, Springer;Game Theory Society, vol. 23(3), pages 207-36.
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1014, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
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98d6e8cb-38a1-4341-b53e-d, Tilburg University, School of Economics and Management.
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