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Perfect equilibrium in games with compact action spaces

Author

Listed:
  • Bajoori, E.

    (Quantitative Economics)

  • Flesch, J.

    (Quantitative Economics)

  • Vermeulen, A.J.

    (Quantitative Economics)

Abstract

Simon and Stinchcombe distinguish two approaches to perfect equilibrium, the “trembling hand” approach, and the “finitistic” approach, for games with compact action spaces and continuous payoffs. We investigate relations between the different types of perfect equilibrium introduced by Simon and Stinchcombe. We also propose an improved version of the finitistic approach, and prove existence.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Bajoori, E. & Flesch, J. & Vermeulen, A.J., 2011. "Perfect equilibrium in games with compact action spaces," Research Memorandum 029, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    • Handle: RePEc:unm:umamet:2011029
    DOI: 10.26481/umamet.2011029
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    Cited by:

    1. Bajoori, Elnaz & Vermeulen, Dries, 2019. "Equilibrium selection in interdependent value auctions," Mathematical Social Sciences, Elsevier, vol. 98(C), pages 47-56.
    2. Oriol Carbonell-Nicolau & Richard McLean, 2013. "Approximation results for discontinuous games with an application to equilibrium refinement," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 54(1), pages 1-26, September.
    3. repec:eid:wpaper:58137 is not listed on IDEAS
    4. Bajoori, Elnaz & Flesch, János & Vermeulen, Dries, 2016. "Behavioral perfect equilibrium in Bayesian games," Games and Economic Behavior, Elsevier, vol. 98(C), pages 78-109.
    5. Oriol Carbonell-Nicolau, 2021. "Perfect equilibria in games of incomplete information," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 71(4), pages 1591-1648, June.
    6. repec:eid:wpaper:37904 is not listed on IDEAS
    7. Roger B. Myerson & Philip J. Reny, 2020. "Perfect Conditional ε‐Equilibria of Multi‐Stage Games With Infinite Sets of Signals and Actions," Econometrica, Econometric Society, vol. 88(2), pages 495-531, March.
    8. Francesc Dilmé, 2026. "Nash Equilibria as Limits of Equilibria of Nearby Finite Games," ECONtribute Discussion Papers Series 400, University of Bonn and University of Cologne, Germany.
    9. Andersson, Ola & Argenton, Cédric & Weibull, Jörgen W., 2014. "Robustness to strategic uncertainty," Games and Economic Behavior, Elsevier, vol. 85(C), pages 272-288.
    10. Elnaz Bajoori & Dries Vermeulen, 2018. "Distributional Perfect Equilibrium in Bayesian Games with Applications to Auctions," Department of Economics Working Papers 15/13R, University of Bath, Department of Economics.
    11. Dahjin Kim & Gechun Lin & Keith E. Schnakenberg, 2024. "Informative campaigns, overpromising, and policy bargaining," Journal of Theoretical Politics, , vol. 36(4), pages 344-366, October.
    12. Jonathan Spiteri & Jonathan James & Michele Belot, 2018. "A Computer-Based Incentivized Food Basket Choice Tool: Presentation and Evaluation," Department of Economics Working Papers 69/18, University of Bath, Department of Economics.
    13. repec:eid:wpaper:37909 is not listed on IDEAS

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    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games

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