Published August 2005 | Version Submitted
Working Paper Open

Finite Perfect Information Extensive Games with Generic Payoffs

Abstract

In finite perfect information extensive (FPIE) games, backward induction (BI) gives rise to all pure-strategy subgame perfect Nash equilibria, and iterative elimination of weakly dominated strategies (IEWDS) may give different outcomes for different orders of elimination. Duggan recently posed several conjectures in an effort to better understand the relationship between BI and IEWDS in FPIE games. One conjecture states that the unique BI strategy profile in FPIE games with generic payoffs is guaranteed to survive IEWDS when all weakly dominated strategies are eliminated at every round. This paper exhibits a counterexample to this conjecture.

Additional Information

I thank the Caltech SURF program for funding and Federico Echenique for advice.

Attached Files

Submitted - sswp1235.pdf

Files

sswp1235.pdf

Files (150.1 kB)

Name Size Download all
md5:6bfd604d578c0c401b6c2abc785679c5
150.1 kB Preview Download

Additional details

Identifiers

Eprint ID
79943
Resolver ID
CaltechAUTHORS:20170808-134943416

Funding

Caltech Summer Undergraduate Research Fellowship (SURF)

Dates

Created
2017-08-09
Created from EPrint's datestamp field
Updated
2019-10-03
Created from EPrint's last_modified field

Caltech Custom Metadata

Caltech groups
Social Science Working Papers
Series Name
Social Science Working Paper
Series Volume or Issue Number
1235