SFB 504 discussion paper
L 13, 15, D-68131 Mannheim
Equivalence between best responses and undominated
- For games with expected utility maximizing players whose strategy sets are finite, Pearce
(1984) shows that a strategy is strictly dominated by some mixed strategy, if and only if, this
strategy is not a best response to some belief about opponents' strategy choice. This note
generalizes Pearce's (1984) equivalence result to games with expected utility maximizing
players whose strategy sets are arbitrary compact sets.
- C8 Eichberger
- Creation date:
- Publication Status
- Economics Bulletin, Vol. 3, No. 7 pp. 1-6
- Downloadable version
- Download titlepage for internal use only
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