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Taking Mistakes Seriously: Equivalence Notions for Game Scenarios with off Equilibrium Play

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Logic, Rationality, and Interaction (LORI 2011)

Part of the book series: Lecture Notes in Computer Science ((LNAI,volume 6953))

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Abstract

This paper investigates strategies for responding rationally to opponents who make mistakes. We identify two distinct interpretations of mistakes in the game theory literature: trembling hand and risk averse mistakes. We introduce the concept of an EFG Scenario, a game plus strategy profile, in order to probe the properties of these different types of mistake. An analysis of equivalence preserving transformations over EFG Scenarios reveals that risk averse mistakes are a form of rational play, while trembling hand mistakes are equivalent to moves by nature.

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References

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© 2011 Springer-Verlag Berlin Heidelberg

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Isaac, A., Hoshi, T. (2011). Taking Mistakes Seriously: Equivalence Notions for Game Scenarios with off Equilibrium Play. In: van Ditmarsch, H., Lang, J., Ju, S. (eds) Logic, Rationality, and Interaction. LORI 2011. Lecture Notes in Computer Science(), vol 6953. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-24130-7_8

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  • DOI: https://doi.org/10.1007/978-3-642-24130-7_8

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-24129-1

  • Online ISBN: 978-3-642-24130-7

  • eBook Packages: Computer ScienceComputer Science (R0)

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