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- W2068167410 abstract "This paper describes ways that the definition of an equilibrium among players' strategies in a game can be sharpened by invoking additional criteria derived from decision theory. Refinements of John Nash's 1950 definition aim primarily to distinguish equilibria in which implicit commitments are credible due to incentives. One group of refinements requires sequential rationality as the game progresses. Another ensures credibility by considering perturbed games in which every contingency occurs with positive probability, which has the further advantage of excluding weakly dominated strategies." @default.
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- W2068167410 date "2005-01-01" @default.
- W2068167410 modified "2023-10-14" @default.
- W2068167410 title "Refinements of Nash Equilibrium" @default.
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- W2068167410 doi "https://doi.org/10.2139/ssrn.772081" @default.
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