Construct · 1 fields · 1 citations

trembling-hand perfect equilibrium: a standalone construct

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Game theory

a refinement of Nash equilibrium that keeps only strategies that stay optimal when every player may make small random mistakes.

In game theory, trembling-hand perfect equilibrium refers to a refinement of Nash equilibrium that keeps only strategies that stay optimal when every player may make small random mistakes. This meaning comes from Selten (1975) in International Journal of Game Theory.[1]

Unit
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Nearby constructs

subgame perfect equilibrium1 fields · 1 citationsanchor · a standalone construct equilibrium4 fields · 4 citationsjingle · one word, four constructs game2 fields · 3 citationsjingle · one word, two constructs

References

Selten, R. (1975). Reexamination of the perfectness concept for equilibrium points in extensive games. International Journal of Game Theory, 4(1), 25-55. https://doi.org/10.1007/bf01766400

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