Sustainable equilibria in culturally familiar games (Q4352345)
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scientific article; zbMATH DE number 1054797
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| English | Sustainable equilibria in culturally familiar games |
scientific article; zbMATH DE number 1054797 |
Statements
28 August 1997
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sustainability of equilibria
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0.7092105150222778
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0.7047158479690552
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0.7028070092201233
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0.701814591884613
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0.7003871202468872
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Sustainable equilibria in culturally familiar games (English)
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I have discussed the importance of trying to define some formal concept of ``sustainability'' of equilibria, to distinguish equilibria that are likely to be played in culturally familiar settings. I have not offered any precise formal definition of ``sustainability'', however. Instead, I have tried to describe an open problem, which I have pondered for long time. I have occasionally found promising new approaches to this problem, but so far none have led to the kind of simple and appealing formulation that I feel intuitively must be out there somewhere. Still I have hope that tomorrow someone may have the conceptual breakthrough that can help to fill this important gap in the game-theory literature. For the entire collection see [Zbl 0866.00071].
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