Behavioral Equivalence of Extensive Game Structures
Pierpaolo Battigalli (),
Paolo Leonetti and
No 655, Working Papers from IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University
Two extensive game structures with imperfect information are said to be behaviorally equivalent if they share the same map (up to relabelings) from profiles of structurally reduced strategies to induced terminal paths. We show that this is the case if and only if one can be transformed into the other through a composition of two elementary transformations, commonly known as â€œInterchanging of Simultaneous Movesâ€ and â€œCoalescing Moves/Sequential Agent Splitting.â€
Keywords: Extensive game structure; behavioral equivalence; invariant transformations. JEL Codes: C72 (search for similar items in EconPapers)
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Journal Article: Behavioral equivalence of extensive game structures (2020)
Working Paper: Behavioral Equivalence of Extensive Game Structures (2019)
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