On consistent solutions for strategic games (Q1972583): Difference between revisions

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Latest revision as of 03:24, 20 March 2024

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On consistent solutions for strategic games
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    On consistent solutions for strategic games (English)
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    11 April 2000
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    The authors introduce the class of ``personalized'' Nash equilibria (\textbf{P}-NE) which provides a unified approach for various kind of approximate Nash equilibria solutions. This is done by introducing a personalized choice rule \(p\) for all the potential players and substituting a conveniently defined characterizations for one person rationality (OPR) by (\textbf{P}-OPR). It is also proved that (\textbf{P}-NE) contains all of the solutions characterized by consistency and converse consistency. See also the article by \textit{B. Peleg, J. Potters}, and \textit{S. Tijs} [Econ. Theory 7, 81--93 (1996; Zbl 0840.90138)].
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    Nash equilibria
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    strategic games
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    axiomatization
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    consistency
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