Iterated regret minimization: a new solution concept

DOI10.1016/j.geb.2011.05.012zbMath1278.91039OpenAlexW2146330258MaRDI QIDQ665088

Rafael Pass, Joseph Y. Halpern

Publication date: 5 March 2012

Published in: Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.geb.2011.05.012

zbMATH Keywords

regret minimizationsolution concepts

Mathematics Subject Classification ID

Noncooperative games (91A10) Fundamental topics (basic mathematics, methodology; applicable to economics in general) (91B02)

Related Items (16)

Minimax regret and strategic uncertainty ⋮ Characterizing solution concepts in terms of common knowledge of rationality ⋮ Choice structures in games ⋮ Market Exit and Minimax Regret ⋮ Real-time monitoring in a public-goods game ⋮ Iterated elimination procedures ⋮ Unnamed Item ⋮ Do people minimize regret in strategic situations? A level-\(k\) comparison ⋮ Experiments with the traveler's dilemma: welfare, strategic choice and implicit collusion ⋮ Axioms for minimax regret choice correspondences ⋮ AN EPISTEMIC RATIONALE FOR ORDER INDEPENDENCE ⋮ Reactive synthesis without regret ⋮ On the equivalence between iterated application of choice rules and common belief of applying these rules ⋮ Strategic reasoning: building cognitive models from logical formulas ⋮ Reasoning about rationality ⋮ On the Commitment Value and Commitment Optimal Strategies in Bimatrix Games

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