Best response equivalence (Q705868)
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scientific article; zbMATH DE number 2134332
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Best response equivalence |
scientific article; zbMATH DE number 2134332 |
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Best response equivalence (English)
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16 February 2005
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Two finite strategic games are best-response equivalent if they have the same best-response correspondence (for mixed strategies). A characterization of best-response equivalence is given, under generic conditions. In particular, it shows that a large class of games are best-response equivalent to identical interest games, but are not potential games. A similar characterization is also given for better-response equivalence, and links with Von Neumann-Morgenstern equivalence are provided.
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best-response equivalence
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potential games
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better-response equivalence
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VNM-equivalence
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games with own-strategy unimodality
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0.7922484
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0.76455843
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