Abstract
We prove the existence of a trembling-hand perfect equilibrium within a class of compact, metric, and possibly discontinuous games. Our conditions for existence are easily verified in a variety of economic games.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 235-256 |
| Number of pages | 22 |
| Journal | Games |
| Volume | 2 |
| Issue number | 3 |
| DOIs | |
| State | Published - Sep 2011 |
All Science Journal Classification (ASJC) codes
- Statistics and Probability
- Statistics, Probability and Uncertainty
- Applied Mathematics
Keywords
- Discontinuous game
- Infinite normal-form game
- Payoff security
- Trembling-hand perfect equilibrium