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Can I read Iterated Weak Dominance and Subgame Dominance on EtoBox?
Iterated Weak Dominance and Subgame Dominance by Lars Peter Østerdal is a Economics, Econometrics and Finance article available to read on EtoBox.
What is Iterated Weak Dominance and Subgame Dominance about?
In this paper, we consider finite normal form games satisfying transference of decisionmaker indifference. We show that any set of strategies surviving k rounds of elimination of some weakly dominated strategies can be reduced to a set of strategies equivalent to the set of strategies surviving k rounds of elimination of all weakly dominated strategies in every round by (at most k) further rounds of elimination of weakly dominated strategies. The result develops work by Gretlein [Gretlein, R., 1983. Dominance elimination procedures on finite alternative games. International Journal of Game Theory 12, 107-113]. We then consider applications and demonstrate how we may obtain a unified approach to the work by Gretlein and recent results by Ewerhart [Ewerhart, C., 2002. Iterated weak dominance in strictly competitive games of perfect information.
Who reads Iterated Weak Dominance and Subgame Dominance?
It is typically read by researchers, students, and practitioners in Economics, Econometrics and Finance.
- Author
- Lars Peter Østerdal
- Publisher
- Elsevier Science; Elsevier ; Elsevier BV (ISSN 0304-4068)
- Published
- 2005
- Language
- EN
- Field
- Economics, Econometrics and Finance (Social Sciences)