Order independence for iterated weak dominance
Publication
, Journal Article
Marx, LM; Swinkels, JM
Published in: Games and Economic Behavior
February 1, 1997
In general, the result of the elimination of weakly dominated strategies depends on order. We define nice weak dominance. Under nice weak dominance, order does not matter. We identify an important class of games under which nice weak dominance and weak dominance are equivalent, and so the order under weak dominance does not matter. For all games, the result of iterative nice weak dominance is an upper bound on the result from any order of weak dominance. The results strengthen the intuitive relationship between backward induction and weak dominance and shed light on some computational problems relating to weak dominance. Journal of Economic Literature Classification Number: C72. © 1997 Academic Press.
Duke Scholars
Published In
Games and Economic Behavior
DOI
ISSN
0899-8256
Publication Date
February 1, 1997
Volume
18
Issue
2
Start / End Page
219 / 245
Related Subject Headings
- Economic Theory
- 3803 Economic theory
- 3801 Applied economics
- 1402 Applied Economics
- 1401 Economic Theory
Citation
APA
Chicago
ICMJE
MLA
NLM
Marx, L. M., & Swinkels, J. M. (1997). Order independence for iterated weak dominance. Games and Economic Behavior, 18(2), 219–245. https://doi.org/10.1006/game.1997.0525
Marx, L. M., and J. M. Swinkels. “Order independence for iterated weak dominance.” Games and Economic Behavior 18, no. 2 (February 1, 1997): 219–45. https://doi.org/10.1006/game.1997.0525.
Marx LM, Swinkels JM. Order independence for iterated weak dominance. Games and Economic Behavior. 1997 Feb 1;18(2):219–45.
Marx, L. M., and J. M. Swinkels. “Order independence for iterated weak dominance.” Games and Economic Behavior, vol. 18, no. 2, Feb. 1997, pp. 219–45. Scopus, doi:10.1006/game.1997.0525.
Marx LM, Swinkels JM. Order independence for iterated weak dominance. Games and Economic Behavior. 1997 Feb 1;18(2):219–245.
Published In
Games and Economic Behavior
DOI
ISSN
0899-8256
Publication Date
February 1, 1997
Volume
18
Issue
2
Start / End Page
219 / 245
Related Subject Headings
- Economic Theory
- 3803 Economic theory
- 3801 Applied economics
- 1402 Applied Economics
- 1401 Economic Theory