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Dominance solvable multicriteria games with incomplete preferences

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Gerasimou_2018_ETB_Dominance_solvable_CC.pdf (311.0Kb)
Date
12/2019
Author
Gerasimou, Georgios
Keywords
Dominance solvability
Vector payoffs
Incomplete preferences
Multicriteria games
Equilibrium refinement
HB Economic Theory
T-NDAS
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Abstract
This paper studies dominance solvability in games with multidimensional payoffs and incomplete preferences. The main result offers a generalization of Moulin’s (Econometrica 47:1337–1351, 1979) classic equilibrium-selection theorem in this more general environment. It is shown, in particular, that a natural extension of Moulin’s dominance solvability concept in this class of “multicriteria” games is an equilibrium refinement. It is further shown that dominance solvability based on the more permissive notion of partially dominated strategies generally fails to be an equilibrium refinement in such games.
Citation
Gerasimou , G 2019 , ' Dominance solvable multicriteria games with incomplete preferences ' , Economic Theory Bulletin , vol. 7 , no. 2 , pp. 165-171 . https://doi.org/10.1007/s40505-018-0159-2
Publication
Economic Theory Bulletin
Status
Peer reviewed
DOI
https://doi.org/10.1007/s40505-018-0159-2
ISSN
2196-1093
Type
Journal article
Rights
Copyright © The Author(s) 2018. Open Access. This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.
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  • University of St Andrews Research
URI
http://hdl.handle.net/10023/16424

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