Payoff-dependent mistakes and q-resistant equilibrium

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초록

This paper proposes an extension of p-dominance called q-resistant equilibrium, which has the largest resistance to payoff-dependent mistakes. The selection could differ from the risk-dominant equilibrium, and a sufficient condition for a q-resistant equilibrium to follow risk-dominance is provided. (c) 2008 Elsevier B.V. All rights reserved.

키워드

Payoff-dependent mistakesEquilibrium selectionGAMESEVOLUTION
제목
Payoff-dependent mistakes and q-resistant equilibrium
저자
Yi, Kang-Oh
DOI
10.1016/j.econlet.2008.11.021
발행일
2009-02
유형
Article
저널명
Economics Letters
102
2
페이지
99 ~ 101