Strategic stability in Poisson games

Francesco De Sinopoli, Claudia Meroni and Carlos Pimienta ()

Journal of Economic Theory, 2014, vol. 153, issue C, 46-63

Abstract: In Poisson games, an extension of perfect equilibrium based on perturbations of the strategy space does not guarantee that players use admissible actions. This observation suggests that such a class of perturbations is not the correct one. We characterize the right space of perturbations to define perfect equilibrium in Poisson games. Furthermore, we use such a space to define the corresponding strategically stable sets of equilibria. We show that they satisfy existence, admissibility, and robustness against iterated deletion of dominated strategies and inferior replies.

Keywords: Poisson games; Voting; Perfect equilibrium; Strategic stability; Stable sets (search for similar items in EconPapers)
JEL-codes: C63 C70 C72 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jetheo:v:153:y:2014:i:c:p:46-63

DOI: 10.1016/j.jet.2014.05.005

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