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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Main Authors: | CATONINI, Emiliano, XUE, Jingyi |
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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 |
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