Equilibrium selection through pu-dominance
Equilibrium selection through pu-dominance
This note introduces and discusses the concept of pu-dominance in the context of finite games in normal form. It then presents the pu-dominance criterion for equi- librium selection. The pu-dominance criterion is inspired by and closely related to the p-dominance criterion (Morris et al., 1995) but it presents some advantages. In particular, we provide sufficient conditions under which equilibrium selection through pu-dominance is weakly finer than equilibrium selection through p-dominance.
- University of Turin Italy
equilibrium selection, normal form games, pu-dominance, equilibrium selection; normal form games; pu-dominance, p-dominance., Equilibrium selection Normal form games p_u-Dominance p-Dominance, jel: jel:C72, jel: jel:C73
equilibrium selection, normal form games, pu-dominance, equilibrium selection; normal form games; pu-dominance, p-dominance., Equilibrium selection Normal form games p_u-Dominance p-Dominance, jel: jel:C72, jel: jel:C73
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