English, Article edition: ON GAMES OF PERFECT INFORMATION: EQUILIBRIA, 뵉EQUILIBRIA AND APPROXIMATION BY SIMPLE GAMES GUILHERME CARMONA

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Bookmark: http://trove.nla.gov.au/version/144502
Physical Description
  • article
Language
  • English

Edition details

Title
  • ON GAMES OF PERFECT INFORMATION: EQUILIBRIA, εâEQUILIBRIA AND APPROXIMATION BY SIMPLE GAMES
Author
  • GUILHERME CARMONA
Physical Description
  • article
Notes
  • We show that every bounded, continuous at infinity game of perfect information has an εâperfect equilibrium. Our method consists of approximating the payoff function of each player by a sequence of simple functions, and to consider the corresponding sequence of games, each differing from the original game only on the payoff function. In addition, this approach yields a new characterization of perfect equilibria: A strategy f is a perfect equilibrium in such a game G if and only if it is an 1/​nâperfect equilibrium in Gn for all n, where {Gn} stands for our approximation sequence.
  • RePEc:wsi:igtrxx:v:07:y:2005:i:04:p:491-499
Language
  • English
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