Article ID Journal Published Year Pages File Type
9551704 Games and Economic Behavior 2005 15 Pages PDF
Abstract
We examine contemporaneous perfect ɛ-equilibria, in which a player's actions after every history, evaluated at the point of deviation from the equilibrium, must be within ɛ of a best response. This concept implies, but is stronger than, Radner's ex ante perfect ɛ-equilibrium. A strategy profile is a contemporaneous perfect ɛ-equilibrium of a game if it is a subgame perfect equilibrium in a perturbed game with nearly the same payoffs, with the converse holding for pure equilibria.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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