2 Examples of Strategic Equilibrium

Mertens, Jean-François
(1995) Games and Economic Behavior — Vol. 8, n° 2, p. 378-388 (1995)

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  • Mertens, Jean-FrançoisUCLouvain
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Abstract
Two examples of strategic equilibrium are given. The first example is a two-person game with a unique dominant strategy for each player where the dominant strategy equilibrium is not extensive form perfect. It is argued that the concept of quasi-perfect equilibria may be superior to that of perfect equilibria. The second example is a two-person game with perfect information, a unique subgame perfect equilibrium, and a unique stable set, but where the latter allows different outcomes. (C) 1995 Academic Press, Inc.
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Mertens, J.-F. (1995). 2 Examples of Strategic Equilibrium. Games and Economic Behavior, 8(2), 378-388. https://doi.org/10.1016/S0899-8256(05)80007-7 (Original work published 1995)