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Games and Economic Behavior
Article . 2004 . Peer-reviewed
License: Elsevier TDM
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Article . 2004
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Best response equivalence

Authors: Morris, Stephen Morris; Takashi Ui;

Best response equivalence

Abstract

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.

Related Organizations
Keywords

Noncooperative games, better-response equivalence, VNM-equivalence, Best response equivalence; Duality; Farkas' Lemma; Potential games, potential games, best-response equivalence, games with own-strategy unimodality, Spaces of games, jel: jel:C72

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    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    40
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Top 10%
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Top 10%
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Top 10%
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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
40
Top 10%
Top 10%
Top 10%
bronze