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Author:Kultti, K.
Salonen, H.
Title:Undominated equilibria in games with strategic complementarities
Journal:Games and Economic Behavior
1997 : JAN, VOL. 18:1, p. 98-115
Index terms:GAMES
ECONOMIC BEHAVIOUR
STRATEGY
Language:eng
Abstract:The authors analyse the problem of existence of undominated pure strategy Nash equilibria in games with strategic complementarities. A Nash equilibrium is undominated if no player's equilibrium strategy is weakly dominated by another pure strategy. The authors show the existence of the least and the greatest undominated equilibrium. The equilibrium strategies of these extremal equilibria are undominated against mixed strategies as well and have nice comparative statistics properties.
SCIMA record nr: 158427
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