Exploring the Gap between Perfect Bayesian Equilibrium and Sequential Equilibrium
In (Bonanno, 2013), a solution concept for extensive-form games, called perfect Bayesian equilibrium (PBE), was introduced and shown to be a strict refinement of subgame-perfect equilibrium; it was also shown that, in turn, sequential equilibrium (SE) is a strict refinement of PBE. In (Bonanno, 2016...
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Format: | Article |
Language: | English |
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MDPI AG
2016-11-01
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Series: | Games |
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Online Access: | http://www.mdpi.com/2073-4336/7/4/35 |