We present three distinct approaches to perfect and proper equilibria for infinite normal form games. In the first two approaches, players "tremble" in the infinite games playing full support approximate best responses to others' strategies. In the strong approach, a tremble assigns high probability to the set of pure best responses; in the weak approach, it assigns high probability to a neighborhood of this set. The third, limit-of-finite approach applies traditional refinements to sequences of successively larger finite games. Overall, the strong approach to equilibrium refinement most fully respects the structure of infinite games.
MLA
Simon, Leo K., and Maxwell B. Stinchcombe. “Equilibrium Refinement for Infinite Normal-Form Games.” Econometrica, vol. 63, .no 6, Econometric Society, 1995, pp. 1421-1443, https://www.jstor.org/stable/2171776
Chicago
Simon, Leo K., and Maxwell B. Stinchcombe. “Equilibrium Refinement for Infinite Normal-Form Games.” Econometrica, 63, .no 6, (Econometric Society: 1995), 1421-1443. https://www.jstor.org/stable/2171776
APA
Simon, L. K., & Stinchcombe, M. B. (1995). Equilibrium Refinement for Infinite Normal-Form Games. Econometrica, 63(6), 1421-1443. https://www.jstor.org/stable/2171776
We are deeply saddened by the passing of Kate Ho, the John L. Weinberg Professor of Economics and Business Policy at Princeton University and a Fellow of the Econometric Society. Kate was a brilliant IO economist and scholar whose impact on the profession will resonate for many years to come.
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