Local dominance

• المؤلفون الرئيسيون: CATONINI, Emiliano, XUE, Jingyi
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2020
• الموضوعات: Weak dominance; obvious dominance; strategy-proofness; implementation; Economic Theory
• الوصول للمادة أونلاين: 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

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...