2x2 Strongly Pay-off Salient Games
Somdeb Lahiri
MPRA Paper from University Library of Munich, Germany
Abstract:
We provide a necessary and sufficient condition for a salient action profile to be a focal point for 2x2 pay-off salient games. In view of the necessary and sufficient condition for the existence of a focal point, we are able to provide an exact criteria that selects the focal point if it exists. We introduce the concepts of dominant salient action and dominant for 2x2 strongly pay-off salient games and provide a necessary and sufficient condition for a dominant salient action profile to be a dominant focal point. We also provide a procedure to implement a dominant focal point when one exists.
Keywords: 2x2 bimatrix games; pay-off salient actions; focal point; strongly pay-off salient; dominant focal point (search for similar items in EconPapers)
JEL-codes: C72 D81 (search for similar items in EconPapers)
Date: 2026-03-07
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:128758
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