Abstract
In this paper we explore the relation between information patterns and Nash Equilibria in extensive games. By information we mean what players know about moves made by others, as well as by chance. For the most part we confine ourselves to pure strategies. But in Section 2 behavioral strategies are also examined. It turns out that they can be modeled as pure strategies of an appropriately enlarged game. Our results, applied to the enlarged game, can then be reinterpreted in terms of the behavioral strategies of the original game.
Original language | English |
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Pages (from-to) | 111-139 |
Number of pages | 29 |
Journal | Mathematical Social Sciences |
Volume | 8 |
Issue number | 2 |
DOIs | |
Publication status | Published - 1984 |
Externally published | Yes |
Keywords
- anti-folk theorem
- Extensive game
- folk theorem
- information patterns
- Nash Equilibrium
ASJC Scopus subject areas
- Statistics, Probability and Uncertainty
- Economics and Econometrics