Core Discussion Paper 9833 on Nash Equivalence Classes of Generic Normal Form Games
نویسنده
چکیده
We introduce a procedure that uses basic topological characteristics of equilibrium correspondences of standard equilibrium concepts, to define broad equivalence classes of finite generic games in normal form. The proposed procedure is viewed as a potentially useful way of both organizing the underlying spaces of games as well as of comparing different equilibrium concepts with each other. The focus of the paper is mainly on equivalence classes induced by the Nash equilibrium concept. However, equivalence classes induced by the concepts of rationalizability, iterated dominance and correlated equilibrium are also considered.
منابع مشابه
On some geometry and equivalence classes of normal form games
Equivalence classes of normal form games are de ned using the discontinuities of correspondences of standard equilibrium concepts like correlated Nash and robust equilibrium or risk dominance and rationalizability Resulting equivalence classes are fully character ized and compared across di erent equilibrium concepts for games larger games are also considered It is argued that the proce dure le...
متن کاملAn Algebraic Approach for Computing Equilibria of a Subclass of Finite Normal Form Games
A Nash equilibrium has become important solution concept for analyzing the decision making in Game theory. In this paper, we consider the problem of computing Nash equilibria of a subclass of generic finite normal form games. We define rational payoff irrational equilibria games to be the games with all rational payoffs and all irrational equilibria. We present a purely algebraic method for com...
متن کاملFixed Points , and Complexity Classes
Many models from a variety of areas involve the computation of an equilibrium or fixed point of some kind. Examples include Nash equilibria in games; market equilibria; computing optimal strategies and the values of competitive games (stochastic and other games); stable configurations of neural networks; analysing basic stochastic models for evolution like branching processes and for language l...
متن کاملEquilibria, Fixed Points, and Complexity Classes
Many models from a variety of areas involve the computation of an equilibrium or fixed point of some kind. Examples include Nash equilibria in games; market equilibria; computing optimal strategies and the values of competitive games (stochastic and other games); stable configurations of neural networks; analysing basic stochastic models for evolution like branching processes and for language l...
متن کاملAxiomatic Theory of Equilibrium Selection in Signaling Games with Generic Payoffs
Three axioms from decision theory select sets of Nash equilibria of signaling games in extensive form with generic payoffs. The axioms require undominated strategies (admissibility), inclusion of a sequential equilibrium (backward induction), and dependence only on the game’s normal form even when embedded in a larger game with redundant strategies or irrelevant players (small worlds). The axio...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
عنوان ژورنال:
دوره شماره
صفحات -
تاریخ انتشار 1998