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Elimination of dominated strategies and inessential players

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Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
We study the process, called the IEDI process, of iterated elimination of (strictly) dominated strategies and inessential players for finite strategic games. Such elimination may reduce the size of a game considerably, for example, from a game with a large number of players to one with a few players. We extend two existing results to our context; the preservation of Nash equilibria and orderindependence. These give a way of computing the set of Nash equilibria for an initial situation from the endgame. Then, we reverse our perspective to ask the question of what initial situations end up at a given final game. We assess what situations underlie an endgame. We give conditions for the pattern of player sets required for a resulting sequence of the IEDI process to an endgame. We illustrate our development with a few extensions of the battle of the sexes.
Rocznik
Strony
33--54
Opis fizyczny
Bibliogr. 11 poz., tab.
Twórcy
autor
  • Waseda University, Shinjuku-ku, Tokyo, 169-8050 Japan
autor
  • Waseda University, Shinjuku-ku, Tokyo, 169-8050 Japan
Bibliografia
  • [1] APT K.R., Direct proofs of order independence, Economics Bulletin, 2011, 31, 106–115.
  • [2] BÖRGERS T., Pure strategy dominance, Econometrica, 1993, 61, 423–430.
  • [3] GILBOA I., KALAI E., ZEMEL E., On the order of eliminating dominated strategies, Operations Research Letters, 1990, 9, 85–89.
  • [4] KANEKO M., KLINE J.J., Understanding the other through social roles, to be piblished in International Game Theory Review, 2015.
  • [5] MASCHLER M., SOLAN E., ZAMIR S., Game Theory, Cambridge University Press, Cambridge 2013.
  • [6] MERTENS J.F., Stable equilibria – a reformulation II. The geometry, and further results, Mathematics of Operations Research, 1991, 16, 694–753.
  • [7] MOULIN H., Game Theory for the Social Sciences, 2nd revised Ed., New York University Press, New York 1986.
  • [8] NASH J.F., Non-cooperative games, Annals of Mathematics, 1951, 54, 286–295.
  • [9] NEWMAN M.H.A., On theories with a combinatorial definition of equivalence, Annals of Mathematics, 1942, 43, 223–243.
  • [10] MYERSON R.B., Game Theory, Harvard University Press, Cambridge 1991.
  • [11] OSBORNE M., RUBINSTEIN A., A Course in Game Theory, The MIT Press, Cambridge 1994.
Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.baztech-f6d6070e-7202-42b9-b57f-0412b0253f08
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