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Equilibrium Dominance

In: Game Theory

Author

Listed:
  • Ana Espinola-Arredondo

    (Washington State University)

  • Felix Muñoz-Garcia

    (Washington State University)

Abstract

In this chapter we present the first solution concept, strict dominance. Unlike the solution concepts that we explore in all subsequent chapters, which directly search for the strategy (or strategies) that yield the highest possible payoff to a player, strict dominance seeks to just rule out those strategies that a rational player “would never choose.”

Suggested Citation

  • Ana Espinola-Arredondo & Felix Muñoz-Garcia, 2023. "Equilibrium Dominance," Springer Books, in: Game Theory, chapter 0, pages 13-46, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-37574-3_2
    DOI: 10.1007/978-3-031-37574-3_2
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