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Continuously stable strategies, neighborhood superiority and two-player games with continuous strategy space.

Authors :
Cressman, Ross
Source :
International Journal of Game Theory. 2009, Vol. 38 Issue 2, p221-247. 27p.
Publication Year :
2009

Abstract

The continuously stable strategy (CSS) concept, originally developed as an intuitive static condition to predict the dynamic stability of a monomorphic population, is shown to be closely related to classical game-theoretic dominance criteria when applied to continuous strategy spaces. Specifically, for symmetric and non symmetric two-player games, a CSS in the interior of the continuous strategy space is equivalent to neighborhood half-superiority which, for a symmetric game, is connected to the half-dominance and/or risk dominance concepts. For non symmetric games where both players have a one-dimensional continuous strategy space, an interior CSS is shown to be given by a local version of dominance solvability (called neighborhood dominance solvable). Finally, the CSS and half-superiority concepts are applied to points in the bargaining set of Nash bargaining problems. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
00207276
Volume :
38
Issue :
2
Database :
Academic Search Index
Journal :
International Journal of Game Theory
Publication Type :
Academic Journal
Accession number :
40405176
Full Text :
https://doi.org/10.1007/s00182-008-0148-z