Trembling-hand myopia and trembling-hand perfection

C.D. Aliprantis and I. Topolyan

Economics Letters, 2011, vol. 113, issue 1, 39-41

Abstract: In 1975 Selten introduced trembling-hand perfection, however it was implicitly assumed that specific values of rationality imperfections are common knowledge. Relaxing this assumption, we develop the notion of trembling-hand myopia, and completely characterize equilibria which are robust in this setting.

Keywords: Imperfect; rationality; Common; knowledge; Perfect; equilibrium; Substitute; sequence; Substitute; perfect; equilibrium (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0165176511002230
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:113:y:2011:i:1:p:39-41

Access Statistics for this article

Economics Letters is currently edited by Economics Letters Editorial Office

More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().