Mertens and Zamir proved the mathematical foundations for one method of solving for these, which involves a transformation from incomplete information to a state space.y]
Mertens and Zamir proved the mathematical foundations for one method of solving for these, which involves a transformation from incomplete information to a state space.y] The possibility of that type of these entities was argued for in the paper "Agreeing to Disagree" by Robert Aumann, while Reinhart Selten developed another extension to them that takes into account perturbations and is known as the "trembling hand." Folk Theorems deal with their existence over protracted periods of time, while ones which take (*) belief systems into account are referred to as "Bayesian." Pure ones are always evolutionarily stable, and backward induction can be used to find the "subgame perfect" type of these situations. Mixed-strategy ones are found by applying the minimax theorem to pure-strategy ones with best response analysis, and mutual defection fulfills the only one of these for the Prisoner's Dilemma. FTP, name this game theory situation in which no player can change strategy without making himself worse off, named for a notably schizophrenic Princeton mathematician.
Mertens and Zamir proved the mathematical foundations for one method of solving for these, which involves a transformation from incomplete information to a state space.y]
Bayesian-{Nash} equilibrium (prompt on just “equilibrium”)