THE ONE-SHOT-DEVIATION PRINCIPLE FOR SEQUENTIAL RATIONALITY

Authors
HENDON E JACOBSEN HJ SLOTH B
Citation
E. Hendon et al., THE ONE-SHOT-DEVIATION PRINCIPLE FOR SEQUENTIAL RATIONALITY, Games and economic behavior, 12(2), 1996, pp. 274-282
Citations number
5
Categorie Soggetti
Economics
Journal title
Games and economic behavior → ACNP
ISSN journal
08998256
Volume
12
Issue
2
Year of publication
1996
Pages
274 - 282
Database
ISI
SICI code
0899-8256(1996)12:2<274:TOPFSR>2.0.ZU;2-X
Abstract
We present a decentralization result which is useful for practical and theoretical work with sequential equilibrium, perfect Bayesian equili brium, and related equilibrium concepts for extensive form games. A we ak consistency condition is sufficient to obtain an analogy equilibriu m. (C) 1996 Academic Press, Inc