Local dominance

We define a local notion of weak dominance that speaks to the true choice problems among actions in a game tree and does not necessarily require to plan optimally for the future. A strategy is (globally) weakly dominant if and only if it prescribes a locally weakly dominant action at every decision...

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Bibliographic Details
Main Authors: CATONINI, Emiliano, XUE, Jingyi
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2020
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Online Access:https://ink.library.smu.edu.sg/soe_working_paper/2
https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1001&context=soe_working_paper
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Institution: Singapore Management University
Language: English