A perfectness concept for multicriteria games

F. van Megen, P.E.M. Borm, S.H. Tijs

Research output: Working paperDiscussion paperOther research output

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Abstract

This paper considers a refinement of equilibria for multicriteria games based on the perfectness concept of Selten (1975). Existence of perfect equilibrium points is shown and several characterizations are provided. Furthermore, contrary to the result for equilibria for multicriteria games, an example shows that there is no exact correspondence between perfect equilibrium points and the perfect Nash equilibria of the related trade-of games.
Original languageEnglish
PublisherUnknown Publisher
Number of pages16
Volume1995-28
Publication statusPublished - 1995

Publication series

NameCentER Discussion Paper
Volume1995-28

Fingerprint

Multi-criteria
Equilibrium point
Perfect equilibrium
Nash equilibrium

Keywords

  • Game Theory
  • game theory

Cite this

van Megen, F., Borm, P. E. M., & Tijs, S. H. (1995). A perfectness concept for multicriteria games. (CentER Discussion Paper; Vol. 1995-28). Unknown Publisher.
van Megen, F. ; Borm, P.E.M. ; Tijs, S.H. / A perfectness concept for multicriteria games. Unknown Publisher, 1995. (CentER Discussion Paper).
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van Megen, F, Borm, PEM & Tijs, SH 1995 'A perfectness concept for multicriteria games' CentER Discussion Paper, vol. 1995-28, Unknown Publisher.

A perfectness concept for multicriteria games. / van Megen, F.; Borm, P.E.M.; Tijs, S.H.

Unknown Publisher, 1995. (CentER Discussion Paper; Vol. 1995-28).

Research output: Working paperDiscussion paperOther research output

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AU - Borm, P.E.M.

AU - Tijs, S.H.

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N2 - This paper considers a refinement of equilibria for multicriteria games based on the perfectness concept of Selten (1975). Existence of perfect equilibrium points is shown and several characterizations are provided. Furthermore, contrary to the result for equilibria for multicriteria games, an example shows that there is no exact correspondence between perfect equilibrium points and the perfect Nash equilibria of the related trade-of games.

AB - This paper considers a refinement of equilibria for multicriteria games based on the perfectness concept of Selten (1975). Existence of perfect equilibrium points is shown and several characterizations are provided. Furthermore, contrary to the result for equilibria for multicriteria games, an example shows that there is no exact correspondence between perfect equilibrium points and the perfect Nash equilibria of the related trade-of games.

KW - Game Theory

KW - game theory

M3 - Discussion paper

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T3 - CentER Discussion Paper

BT - A perfectness concept for multicriteria games

PB - Unknown Publisher

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van Megen F, Borm PEM, Tijs SH. A perfectness concept for multicriteria games. Unknown Publisher. 1995. (CentER Discussion Paper).