Construct · 1 fields · 1 citations

sequential equilibrium: a standalone construct

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Game theory

an equilibrium for extensive games pairing strategies with consistent beliefs at every information set, including off the equilibrium path.

In game theory, sequential equilibrium refers to an equilibrium for extensive games pairing strategies with consistent beliefs at every information set, including off the equilibrium path. This meaning comes from Kreps (1982) in Econometrica.[1]

Unit
Recovery means
Measured by

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Nearby constructs

equilibrium4 fields · 4 citationsjingle · one word, four constructs game2 fields · 3 citationsjingle · one word, two constructs information4 fields · 5 citationsjingle · one word, four constructs

References

Kreps, D. M., & Wilson, R. (1982). Sequential Equilibria. Econometrica, 50(4), 863. https://doi.org/10.2307/1912767

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