Trees and extensive forms

被引:21
作者
Alos-Ferrer, Carlos [3 ]
Ritzberger, Klaus [1 ,2 ]
机构
[1] Vienna Grad Sch Finance, A-1060 Vienna, Austria
[2] Inst Adv Studies, Dept Econ & Finance, A-1060 Vienna, Austria
[3] Univ Konstanz, Dept Econ, D-78457 Constance, Germany
关键词
Extensive forms; Trees; Sequential decision theory; Differential games;
D O I
10.1016/j.jet.2007.11.002
中图分类号
F [经济];
学科分类号
02 ;
摘要
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. (C) 2008 Elsevier Inc. All rights reserved.
引用
收藏
页码:216 / 250
页数:35
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