The refined best-response correspondence in normal form games

Balkenborg D, Hofbauer J, Kuzmics C (2012) Working Papers. Institute of Mathematical Economics; 466.
Bielefeld: Center for Mathematical Economics.

Download
OA
Diskussionspapier | Veröffentlicht | Englisch
Volltext vorhanden für diesen Nachweis
Autor
; ;
Abstract / Bemerkung
This paper provides an in-depth study of the (most) refined best reply correspondence introduced by Balkenborg, Hofbauer, and Kuzmics (2012). An example demonstrates that this correspondence can be very different from the standard best reply correspondence. In two-player games, however, the refined best reply correspondence of a given game is the same as the best reply correspondence of a slightly modified game. The modified game is derived from the original game by reducing the payoff by a small amount for all pure strategies that are weakly inferior. Weakly inferior strategies, for two-player games, are pure strategies that are either weakly dominated or are equivalent to a proper mixture of other pure strategies. Fixed points of the refined best reply correspondence are not equivalent to any known Nash equilibrium refinement. A class of simple communication games demonstrates the usefulness and intuitive appeal of the refined best reply correspondence.
Erscheinungsjahr
Band
466
Seite
21
ISSN
PUB-ID

Zitieren

Balkenborg D, Hofbauer J, Kuzmics C. The refined best-response correspondence in normal form games. Working Papers. Institute of Mathematical Economics. Vol 466. Bielefeld: Center for Mathematical Economics; 2012.
Balkenborg, D., Hofbauer, J., & Kuzmics, C. (2012). The refined best-response correspondence in normal form games (Working Papers. Institute of Mathematical Economics, 466). Bielefeld: Center for Mathematical Economics.
Balkenborg, D., Hofbauer, J., and Kuzmics, C. (2012). The refined best-response correspondence in normal form games. Working Papers. Institute of Mathematical Economics, 466, Bielefeld: Center for Mathematical Economics.
Balkenborg, D., Hofbauer, J., & Kuzmics, C., 2012. The refined best-response correspondence in normal form games, Working Papers. Institute of Mathematical Economics, no.466, Bielefeld: Center for Mathematical Economics.
D. Balkenborg, J. Hofbauer, and C. Kuzmics, The refined best-response correspondence in normal form games, Working Papers. Institute of Mathematical Economics, vol. 466, Bielefeld: Center for Mathematical Economics, 2012.
Balkenborg, D., Hofbauer, J., Kuzmics, C.: The refined best-response correspondence in normal form games. Working Papers. Institute of Mathematical Economics, 466. Center for Mathematical Economics, Bielefeld (2012).
Balkenborg, Dieter, Hofbauer, Josef, and Kuzmics, Christoph. The refined best-response correspondence in normal form games. Bielefeld: Center for Mathematical Economics, 2012. Working Papers. Institute of Mathematical Economics. 466.
Alle Dateien verfügbar unter der/den folgenden Lizenz(en):
Copyright Statement:
This Item is protected by copyright and/or related rights. [...]
Volltext(e)
Access Level
OA Open Access
Zuletzt Hochgeladen
2016-03-09T12:10:47Z

Export

Markieren/ Markierung löschen
Markierte Publikationen

Open Data PUB

Suchen in

Google Scholar