Proper equilibrium
Proper equilibrium is a refinement of Nash Equilibrium by Roger B. Myerson. Proper equilibrium further refines Reinhard Selten's notion of a trembling hand perfect equilibrium by assuming that more costly trembles are made with significantly smaller probability than less costly ones.
| Proper equilibrium | |
|---|---|
| A solution concept in game theory | |
| Relationship | |
| Subset of | Trembling hand perfect equilibrium |
| Significance | |
| Proposed by | Roger B. Myerson |
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.