Construct · 1 fields · 1 citations

strategic stability: a standalone construct

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Game theory

a refinement that selects sets of equilibria robust to every small perturbation of strategies, meant to satisfy forward induction.

In game theory, strategic stability refers to a refinement that selects sets of equilibria robust to every small perturbation of strategies, meant to satisfy forward induction. This meaning comes from Kohlberg (1986) in Econometrica.[1]

Unit
Recovery means
Measured by

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Nearby constructs

forward2 fields · 2 citationsjingle · one word, two constructs game2 fields · 3 citationsjingle · one word, two constructs induction4 fields · 4 citationsjingle · one word, four constructs

References

Kohlberg, E., & Mertens, J. (1986). On the Strategic Stability of Equilibria. Econometrica, 54(5), 1003. https://doi.org/10.2307/1912320

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