PROTECTIVE AND PRUDENT BEHAVIOR IN GAMES

Citation
G. Fiestrasjaneiro et al., PROTECTIVE AND PRUDENT BEHAVIOR IN GAMES, Journal of economic theory, 78(1), 1998, pp. 167-175
Citations number
10
Categorie Soggetti
Economics
Journal title
ISSN journal
00220531
Volume
78
Issue
1
Year of publication
1998
Pages
167 - 175
Database
ISI
SICI code
0022-0531(1998)78:1<167:PAPBIG>2.0.ZU;2-5
Abstract
This paper introduces the notions of protective and prudent equilibria in the context of finite games in strategic form. It turns out that f or games both notions are in fact equivalent. Moreover, it is shown th at for matrix games the set of protective equilibria equals the set of proper equilibria. (C) 1998 Academic Press.