Nash and Strongly Consistent Two-Player Game Forms
Joseph Abdou
International Journal of Game Theory, 1995, vol. 24, issue 4, 345-56
Abstract:
A two-player game form is Nash-consistent if and only if it is tight (Gurvich). Therefore Nash-consistency of two-player game forms depends only on the effectivity structure. This fact is no longer true for strong consistency. In this paper we introduce a new object called the joint effectivity structure and define the exact joint effectivity set. These notions are similar though more sophisticated than the usual effectivity functions. We prove that a two-player game form is strongly consistent if and only if it is tight and jointly exact. Joint exactness is a property of the exact joint effectivity set which basically requires that the joint exact effectivity set coincides with the classical effectivity function. As a corollary we have a characterization of two-player strongly implementable social choice correspondences.
Date: 1995
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Persistent link: https://EconPapers.repec.org/RePEc:spr:jogath:v:24:y:1995:i:4:p:345-56
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