Essentialing Equilibrium Concepts
- Briata, Federica
- González Díaz, Julio
- Patrone, Fioravante
- García Jurado, Ignacio
Publisher: Comité organizador del XXX Congreso Nacional de Estadística e Investigación Operativa y IV Jornadas de Estadística Pública
ISBN: 978-84-690-7249-3
Year of publication: 2007
Congress: Congreso Nacional de Estadística e Investigación Operativa (30. 2007. Valladolid)
Type: Conference paper
Abstract
Given an extensive game form, an equilibrium concept and a behavior strat- egy pro¯le, what parts of the game form are never relevant to check if the outcome of the strategy pro¯le is an equilibrium outcome of a game with that game form? What is left after removing the irrelevant parts is what we call essential. In this paper we essentialize a wide variety of equilibrium concepts and present several applications of our analysis.