Trees and Extensive Forms

Publikationstyp: Zeitschriftenartikel
Autor/innen: Alós-Ferrer, Carlos; Ritzberger, Klaus
Erscheinungsjahr: 2008
Erschienen in: Journal of Economic Theory ; 143 (2008), 1. - S. 216-250
DOI (zitierfähiger Link): https://dx.doi.org/10.1016/j.jet.2007.11.002
Zusammenfassung:
This paper addresses the question of what it takes to obtain a well-defined extensive form game. Without relying on simplifying finiteness or discreteness assumptions, we characterize the class of game trees for which all pure strategy combinations induce unique outcomes. The generality of the set-up covers "exotic" cases, like stochastic games or decision problems in continuous time (differential games). We find that the latter class, though a well-defined problem, fails this test.
JEL-Klassifikation: C72 - Nonc; D70 - Gene
Fachgebiet (DDC): 330 Wirtschaft
Schlagwörter: Extensive forms, Trees, Sequential decision theory, Differential games
Universitätsbibliographie: Ja

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ALÓS-FERRER, Carlos, Klaus RITZBERGER, 2008. Trees and Extensive Forms. In: Journal of Economic Theory. 143(1), pp. 216-250. Available under: doi: 10.1016/j.jet.2007.11.002

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