Fall Back Equilibrium for 2 x n Bimatrix Games

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Abstract

Abstract: In this paper we provide a characterisation of the set of fall back equilibria for 2 x n bimatrix games. Furthermore, for this type of games we discuss the relation between the set of fall back equilibria and the sets of perfect, proper and strictly perfect equilibria. In order to do this we reformulate the existing characterizations for these three equilibrium concepts by the use of refinement-specific subgames.
Original languageEnglish
Place of PublicationTilburg
PublisherOperations research
Number of pages18
Volume2012-044
Publication statusPublished - 2012

Publication series

NameCentER Discussion Paper
Volume2012-044

Keywords

  • game theory
  • fall back equilibrium
  • 2 x n bimatrix game
  • equilibrium refinement

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  • Cite this

    Kleppe, J., Borm, P. E. M., & Hendrickx, R. L. P. (2012). Fall Back Equilibrium for 2 x n Bimatrix Games. (CentER Discussion Paper; Vol. 2012-044). Operations research.