Support restrictions and sequential equilibria (Q1092829)
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scientific article; zbMATH DE number 4020881
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| English | Support restrictions and sequential equilibria |
scientific article; zbMATH DE number 4020881 |
Statements
Support restrictions and sequential equilibria (English)
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1987
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We consider equilibrium concepts which require that the support of beliefs at an information set be contained in the supports of beliefs at preceding information sets. We analyze by means of an example why such equilibria often fail to exist in extensive form games. We find that support restrictions may exclude very salient equilibria.
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sequential equilibria
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support of beliefs
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information set
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extensive form games
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0.8107584714889526
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0.8098865747451782
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0.8079814910888672
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0.7944310307502747
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0.7908488512039185
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