Commitment games (Q1021610): Difference between revisions
From MaRDI portal
Latest revision as of 14:55, 1 July 2024
scientific article
Language | Label | Description | Also known as |
---|---|---|---|
English | Commitment games |
scientific article |
Statements
Commitment games (English)
0 references
8 June 2009
0 references
This paper deals with a commitment game. A commitment game is a two-stage game, in which players can commit to some of their pure strategies in the first stage, and play the altered game in the second stage. The main result provides a complete characterization of the set of implementable strategies in such games.
0 references
commitment
0 references
efficiency
0 references
self-enforcing agreement
0 references
repeated games
0 references