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Aperta - TÜBİTAK Açık Arşivi
Other literature type . 2016
License: CC BY
The B E Journal of Theoretical Economics
Article . 2016 . Peer-reviewed
Data sources: Crossref
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Tenacious Selection of Nash Equilibrium

Authors: Alioğulları, Zeynel Harun; Barlo, Mehmet;

Tenacious Selection of Nash Equilibrium

Abstract

AbstractWe propose a complexity measure and an associated refinement based on the observation that best responses with more variations call for more precise anticipation. The variations around strategy profiles are measured by considering the cardinalities of players’ pure strategy best responses when others’ behavior is perturbed. After showing that the resulting selection method displays desirable properties, it is employed to deliver a refinement: the tenacious selection of Nash equilibrium. We prove that it exists; does not have containment relations with perfection, properness, persistence and other refinements; and possesses some desirable features.

Keywords

HB Economic Theory, HB135-147 Mathematical economics. Quantitative methods

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citations
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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.
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influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
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impulse
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