p-Dominance and perfect foresight dynamics

4Citations
Citations of this article
5Readers
Mendeley users who have this article in their library.
Get full text

Abstract

We investigate stability of p-dominant equilibria under perfect foresight dynamics.We show that a strict p-dominant equilibrium with ∑i pi < 1 is globally accessible and absorbing in perfect foresight dynamics. We also investigate robustness and extensions of this result. We apply our proof method to games with u-dominant equilibria and unanimity games. © 2007 Elsevier B.V. All rights reserved.

Cite

CITATION STYLE

APA

Kojima, F., & Takahashi, S. (2008). p-Dominance and perfect foresight dynamics. Journal of Economic Behavior and Organization, 67(3–4), 689–701. https://doi.org/10.1016/j.jebo.2007.07.002

Register to see more suggestions

Mendeley helps you to discover research relevant for your work.

Already have an account?

Save time finding and organizing research with Mendeley

Sign up for free