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Existence of trembling hand equilibrium in revision games with imperfect information

Sofia Moroni

No 5874, Working Paper from Department of Economics, University of Pittsburgh

Abstract: In revision games a group of players can move at stochastic opportunities before adeadline. Their payoffs are determined by the sequence of actions taken before the endof the game. In this paper I define trembling hand equilibrium in a large class of revisiongames that may feature incomplete and imperfect information, and show that tremblinghand equilibria exist. Since trembling hand perfect equilibria are also Nash, existence ofa Nash equilibrium follows.

Date: 2015-01
New Economics Papers: this item is included in nep-gth, nep-hpe and nep-mic
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