Very weakly dominant strategies

Benjamin Bachi; Shiran Rachmilevitch

doi:10.1016/j.mathsocsci.2024.09.005

Very weakly dominant strategies

Benjamin Bachi, Shiran Rachmilevitch

Department of Economics

University of Haifa

Research output: Contribution to journal › Article › peer-review

Abstract

We introduce a new solution concept for n-person strategic games — very weak dominance — which is weaker than ordinary weak dominance, but stronger than Nash equilibrium. One of the attractive features of this concept is that it can provide intuitive predictions to games in which weakly dominant strategies exist, but they seem unappealing.

Original language	American English
Pages (from-to)	75-78
Number of pages	4
Journal	Mathematical Social Sciences
Volume	132
DOIs	https://doi.org/10.1016/j.mathsocsci.2024.09.005
State	Published - Dec 2024

Keywords

Dominant strategies
Solution concepts

All Science Journal Classification (ASJC) codes

Sociology and Political Science
General Social Sciences
General Psychology
Statistics, Probability and Uncertainty

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10.1016/j.mathsocsci.2024.09.005

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title = "Very weakly dominant strategies",

abstract = "We introduce a new solution concept for n-person strategic games — very weak dominance — which is weaker than ordinary weak dominance, but stronger than Nash equilibrium. One of the attractive features of this concept is that it can provide intuitive predictions to games in which weakly dominant strategies exist, but they seem unappealing.",

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AU - Bachi, Benjamin

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AB - We introduce a new solution concept for n-person strategic games — very weak dominance — which is weaker than ordinary weak dominance, but stronger than Nash equilibrium. One of the attractive features of this concept is that it can provide intuitive predictions to games in which weakly dominant strategies exist, but they seem unappealing.

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KW - Solution concepts

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U2 - 10.1016/j.mathsocsci.2024.09.005

DO - 10.1016/j.mathsocsci.2024.09.005

M3 - Article

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VL - 132

SP - 75

EP - 78

JO - Mathematical Social Sciences

JF - Mathematical Social Sciences

ER -

Very weakly dominant strategies

Abstract

Keywords

All Science Journal Classification (ASJC) codes

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