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  4. Quantifying Commitment in Nash Equilibria
 
working paper

Quantifying Commitment in Nash Equilibria

Weber, Thomas A.  
2014

To quantify a player’s commitment in a given Nash equilibrium of a finite dynamic game, we map the corresponding normal-form game to a “canonical supergame,” which allows each player to adjust his or her move with a certain probability. The commitment measure relates to the average over all adjustment probabilities for which the given Nash equilibrium can be implemented as a subgame-perfect equilibrium in the supergame.

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Type
working paper
Author(s)
Weber, Thomas A.  
Date Issued

2014

Publisher

EPFL

Subjects

First-mover advantage

•

second-mover advantage

•

partial commitment

Written at

EPFL

EPFL units
OES  
Available on Infoscience
October 10, 2014
Use this identifier to reference this record
https://infoscience.epfl.ch/handle/20.500.14299/107354
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