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The consistency principle for games in strategic form

Author

Listed:
  • Peleg, B.
  • Tijs, S.H.

    (Tilburg University, Center For Economic Research)

Abstract

We start with giving an axiomatic characterization of the Nash equilibrium (NE) correspondence in terms of consistency, converse consistency and one-person rationality. Then axiomatizations are given of the strong NE correspondence, the coalition-proof NE correspondence and the semi-strong NE. In all these characterizations consistency and suitable variants of converse consistency play a role. Finally, the dominant NE correspondence is characterized. We also indicate how to generalize our results to Bayesian and extensive games.
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Suggested Citation

  • Peleg, B. & Tijs, S.H., 1993. "The consistency principle for games in strategic form," Discussion Paper 1993-6, Tilburg University, Center for Economic Research.
  • Handle: RePEc:tiu:tiucen:896509c3-ef2c-446d-811f-eae2ef9d0458
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    References listed on IDEAS

    as
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