Refinements of rationalizability for normal-form games

被引:10
作者
Herings, PJJ
Vannetelbosch, VJ
机构
[1] Tilburg Univ, CentER, NL-5000 LE Tilburg, Netherlands
[2] Univ Catholique Louvain, CORE, B-1348 Louvain, Belgium
[3] Univ Basque Country, IEP, E-48015 Bilbao, Spain
关键词
rationalizability; refinements;
D O I
10.1007/s001820050098
中图分类号
F [经济];
学科分类号
02 ;
摘要
There exist three equivalent definitions of perfect Nash equilibria which differ in the way "best responses against small perturbations" are defined. It is shown that applying the spirit of these definitions to rationalizability leads to three different refinements of rationalizable strategies which are termed perfect (Bernheim, 1984), weakly perfect and trembling-hand perfect rationalizability, respectively. We prove that weakly perfect rationalizability is weaker than both perfect and proper (Schuhmacher, 1995) rationalizability and in two-player games it is weaker than trembling-hand perfect rationalizability. By means of examples, it is shown that no other relationships can be found.
引用
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页码:53 / 68
页数:16
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