首页 | 本学科首页   官方微博 | 高级检索  
     检索      


Another impossibility result for normal form games
Authors:Quesada  Antonio
Institution:(1) Departamento de Fundamentos del Análisis Económico, Facultad de Economía y Empresa, Universidad de Murcia, Campus de Espinardo, 30100 Espinardo, Murcia, Spain
Abstract:It is shown that the axioms Cubitt and Sugden (1994; Economic J. 104: 798) impose on a theory of rationally justifiable play (TRJP) do not prevent the possibility that two players necessarily disagree concerning the probability they ascribe to the choice of a third player. This appears to indicate that those axioms are not sufficient for defining a `reasonable' TRJP. In addition, for the case in which a player's beliefs are statistically independent, conditions for a TRJP are suggested under which the existence of a quasi-strict equilibrium is sufficient, but the existence of a consistent n-pair is not, for defining a TRJP meeting those requirements.
Keywords:Normal form game  rationally justifiable play  quasi-strict equilibrium  consistent n-tuple
本文献已被 SpringerLink 等数据库收录!
设为首页 | 免责声明 | 关于勤云 | 加入收藏

Copyright©北京勤云科技发展有限公司  京ICP备09084417号