Abstract
The concept of a perfect equilibrium point has been introduced in order to exclude the possibility that disequilibrium behavior is prescribed on unreached subgames [Selten 1965 and 1973]. Unfortunately this definition of perfectness does not remove all difficulties which may arise with respect to unreached parts of the game. It is necessary to reexamine the problem of defining a satisfactory non-cooperative equilibrium concept for games in extensive form. Therefore a new concept of a perfect equilibrium point will be introduced in this paper2).
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© 1988 Springer Science+Business Media Dordrecht
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Bielefeld, R.S. (1988). Reexamination of the Perfectness Concept for Equilibrium Points in Extensive Games. In: Models of Strategic Rationality. Theory and Decision Library C, vol 2. Springer, Dordrecht. https://doi.org/10.1007/978-94-015-7774-8_1
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DOI: https://doi.org/10.1007/978-94-015-7774-8_1
Publisher Name: Springer, Dordrecht
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