Best response equivalence (Q705868): Difference between revisions

Two finite strategic games are best-response equivalent if they have the same best-response correspondence (for mixed strategies). A characterization of best-response equivalence is given, under generic conditions. In particular, it shows that a large class of games are best-response equivalent to identical interest games, but are not potential games. A similar characterization is also given for better-response equivalence, and links with Von Neumann-Morgenstern equivalence are provided.