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lines changed Original file line number Diff line number Diff line change 1- EFG 2 R "Myerson (1991) Fig 4.2" { "Player 1" "Player 2" }
2- "An example from Myerson (1991) Fig 4.2 which has an agent Nash equilibrium that is
3- not a Nash equilibrium"
1+ EFG 2 R "Myerson (1991) Figure 4.2" { "Player 1" "Player 2" }
2+ "An example from Myerson [^Mye1991] which illustrates the distinction between
3+ an equilibrium of an extensive form game and an equilibrium of its
4+ (multi)agent representation. The actions B1, Z1, and W2 form a
5+ behavior profile which is an equilibrium in the (multi)agent
6+ representation. However, it is not a Nash equilibrium of the extensive
7+ game, because Player 1 would prefer to switch from (B1, Z1) to
8+ (A1, Y1); the (multi)agent representation rules out such coordinated
9+ deviations across information sets.
10+
11+ [^Mye1991]: Myerson, Roger B. (1991) Game Theory: Analysis of Conflict.
12+ Cambridge: Harvard University Press.
13+ "
414
515p "" 1 1 "" { "A1" "B1" } 0
616p "" 2 1 "" { "W2" "X2" } 0
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