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Perfect Regular Equilibrium [PDF]

open access: yes
We propose a revised version of the perfect Bayesian equilibrium in general multi-period games with observed actions. In finite games, perfect Bayesian equilibria are weakly consistent and subgame perfect Nash equilibria.
hanjoon michael, jung/j
core   +1 more source

'Be Nice Unless it Pays to Fight': A New Theory of Price Determination with Implications for Competition Policy [PDF]

open access: yes
This paper introduces a simple extensive form pricing game.The Bertrand outcome is a Nash equilibrium outcome in this game, but it is not necessarily subgame perfect.The subgame perfect equilibrium outcome features the following comparative static ...
Boone, J.
core   +1 more source

Analysis of a maritime transport chain with information asymmetry and disruption risk. [PDF]

open access: yesOcean Coast Manag, 2023
Zhao N, Wang Z, Ji X, Fu H, Wang Q.
europepmc   +1 more source

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