Equilibrium Dominance
Ana Espinola-Arredondo and
Felix Munoz-Garcia
Chapter Chapter 2 in Game Theory, 2023, pp 13-46 from Springer
Abstract:
Abstract In this chapter we present the first solution concept, strict dominance. Unlike the solution concepts that we explore in all subsequent chapters, which directly search for the strategy (or strategies) that yield the highest possible payoff to a player, strict dominance seeks to just rule out those strategies that a rational player “would never choose.”
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-37574-3_2
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DOI: 10.1007/978-3-031-37574-3_2
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