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Stable Equilibria: A Reformulation Part I. Definition and Basic Properties

Jean-François Mertens
Mathematics of Operations Research
Vol. 14, No. 4 (Nov., 1989), pp. 575-625
Published by: INFORMS
Stable URL: http://www.jstor.org/stable/3689732
Page Count: 51
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Stable Equilibria: A Reformulation Part I. Definition and Basic Properties
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Abstract

A reformulation of stable equilibria is given, yielding a number of additional properties like backwards induction while still giving "typically", i.e., except in "made up" examples, the same solutions.

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