Iterated bounded dominance
Yue-Da Hsieh,
Xuewen Qian and
Chen Qu
Economics Letters, 2023, vol. 232, issue C
Abstract:
Motivated by the desideratum of undominated dominators (Jackson, 1992), we provide a notion of iterated elimination of boundedly dominated strategies for (in)finite strategic games and a wide variety of dominance relations. By introducing a condition of forgetfulness-proofness, we establish the equivalence among the usual iterated dominance, our notion of iterated bounded dominance, and Gilboa, Kalai and Zemel’s (1990) procedure. We also investigate the connection of forgetfulness-proofness with other similar conditions in the literature.
Keywords: Dominance; Iterated elimination; Boundedness; Forgetfulness-proofness (search for similar items in EconPapers)
JEL-codes: C70 C72 (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:232:y:2023:i:c:s0165176523003853
DOI: 10.1016/j.econlet.2023.111360
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