The New Palgrave Dictionary of Economics, 2 nd Edition Entry by authors (2008)
Srihari Govindan, Robert Wilson, Jel Classification C
Abstract: This entry describes ways that the definition of an equilibrium among players’ strategies in a game can be sharpened by invoking additional criteria derived from decision theory....
Srihari Govindan, Robert Wilson
of the equilibrium set has an associated index, defined as the local degree of the map. This note shows that for a two-player game, every map with the same roots induces the same index. Moreover,...
MESSAGE SPACES FOR PERFECT CORRELATED EQUILIBRIA (2007)
Autnomo Mxico, Shurojit Chatterji, Shurojit Chatterji, Srihari Govindan, Srihari Govindan
Abstract. We show that a perfect correlated equilibrium distribution of an N-person game, as defined by Dhillon and Mertens (1996) can be achieved using a finite number of copies of the strategy...
Matthias Messher, Mattias K. Polborn, Western Ontario, Jim Davies, Srihari Govindan, Ig Horstmann, ...
Consider a situation where a society has to elect an official who provides a public service for the citizens. Candidates differ in their competence and every potential candidate has private...
Srihari Govindan, Andrew Mclennan
* We would like to acknowledge stimulating conversations with Larry Blume, Andreu Mas-Colell, and
RESEARCH PAPER NO. 1955 ON FORWARD INDUCTION (2007)
Srihari Govindan, Robert Wilson, Srihari Govindan, Robert Wilson
We examine Hillas and Kohlberg’s conjecture that invariance to the addition of payoff-redundant strategies implies that a backward induction outcome survives deletion of strategies that are...
Sufficient conditions for stable equilibria (2006)
Srihari Govindan; University Of Iowa, Robert B. Wilson; Stanford University
[This item is a preserved copy. To view the original, visit http://econtheory.org/] A refinement of the set of Nash equilibria that satisfies two assumptions is shown to select a subset that is...
Computing Nash equilibria by iterated polymatrix approximation (2004)
Srihari Govindan, Robert Wilson
Abstract. This article develops a new algorithm for computing a Nash equilibrium of an N-person game. The algorithm approximates the game by a sequence of polymatrix games. We provide su±cient...
DOI 10.1007/s001820400167 Symmetry and p-Stability (2002)
Srihari Govindan, Arndt Von Schemde, Bernhard Von Stengel
Abstract A symmetry of a game is a permutation of the player set and their strategy sets that leaves the payoff functions invariant. In this paper we introduce and discuss two relatively mild...
Stable equilibria : two backwards induction properties and an application / (1993)
Thesis (Ph. D.)--State University of New York at Stony Brook, 1993.
Message spaces for perfect correlated equilibria
Shurojit Chatterji, Srihari Govindan
We show that a perfect correlated equilibrium distribution of an N-person game, as defined by Dhillon and Mertens (1996) can be achieved using a finite number of copies of the strategy space as the...
Structure theorems for game trees
Govindan, Srihari, Wilson, Robert
Kohlberg and Mertens [Kohlberg, E. & Mertens, J. (1986) Econometrica 54, 1003–1039] proved that the graph of the Nash equilibrium correspondence is homeomorphic to its domain when the domain is the...
Govindan, Srihari, Wilson, Robert
The connected uniformly hyperstable sets of a finite game are shown to be precisely the essential components of Nash equilibria.
Sufficient conditions for stable equilibria
Wilson, Robert B., Govindan, Srihari
A refinement of the set of Nash equilibria that satisfies two assumptions is shown to select a subset that is stable in the sense defined by Kohlberg and Mertens. One assumption requires that a...
Message Spaces for Perfect Correlated Equilibria
Shurojit Chatterji, Srihari Govindan
We show that a perfect correlated equilibrium distribution of an N-person game, as defined by Dhillon and Mertens (1996) can be achieved using a finite number of copies of the strategy space as the...
Structure theorems for game trees
Govindan, Srihari, Wilson, Robert
Kohlberg and Mertens [Kohlberg, E. & Mertens, J. (1986) Econometrica 54, 1003–1039] proved that the graph of the Nash equilibrium correspondence is homeomorphic to its domain when the domain is the...
Govindan, Srihari, Wilson, Robert
The connected uniformly hyperstable sets of a finite game are shown to be precisely the essential components of Nash equilibria.
On the Generic Finiteness of Equilibrium Outcome Distributions in Game Forms.
Govindan, Srihari, McLennan, Andrew
Consider nonempty finite pure strategy sets S[subscript 1], . . . , S[subscript n], let S = S[subscript 1] times . . . times S[subscript n], let Omega be a finite space of "outcomes," let...
Uniqueness of the index for Nash equilibria of two-player games
Robert Wilson, Srihari Govindan
Given a map whose roots are the Nash equilibria of a game, each component of the equilibrium set has an associated index, defined as the local degree of the map. This note shows that for a two-player...
Justification of Stable Equilibria
Govindan, Srihari, Wilson, Robert B.
Two assumptions are used to justify selection of equilibria in stable sets. One assumption requires that a selected set is invariant to addition of redundant strategies. The other is a strong version...
Refinements of Nash Equilibrium
Govindan, Srihari, Wilson, Robert B.
This paper describes ways that the definition of an equilibrium among players’ strategies in a game can be sharpened by invoking additional criteria derived from decision theory. Refinements of...
Stable Outcomes of Generic Games in Extensive Form
Govindan, Srihari, Wilson, Robert B.
We apply Mertens' dedinition of stability for a game in strategic form to a game in extensive form with perfect recall. We prove that if payoffs are generic then the outcomes of stable sets of...
Govindan, Srihari, Wilson, Robert B.
We define a refinement of Nash equilibria called metastability. This refinement supposes that the given game might be embedded within any global game that leaves its local bestreply correspondence...
Wilson, Robert B., Govindan, Srihari
We examine Hillas and Kohlberg's conjecture that invariance to the addition of payoff-redundant strategies implies that a backward induction outcome survives deletion of strategies that are inferior...
A Decomposition Algorithm for N-Player Games
Govindan, Srihari, Wilson, Robert B.
An N-player game can be approximated by adding a coordinator who interacts bilaterally with each player. The coordinator proposes strategies to the players, and his payoff is maximized when each...
Global Newton Method for Stochastic Games
Govindan, Srihari, Wilson, Robert B.
The Global Newton Method for games in normal form and in extensive form is shown to have a natural extension to computing Markov-perfect equilibria of stochastic games.
Decision-Theoretic Forward Induction
Govindan, Srihari, Wilson, Robert B.
A player's pure strategy is called relevant for an outcome of a game in extensive form with perfect recall if there exists a weakly sequential equilibrium with that outcome for which the strategy is...
An equivalent definition of stable Equilibria
Srihari Govindan, Jean-François Mertens
Characterisations of stable equilibria in terms of the best reply correspondence are given. Copyright Springer-Verlag 2004
Srihari Govindan, Arndt Von Schemde, Bernhard Von Stengel
Nash equilibrium, Stability, Symmetry,
Maximal stable sets of two-player games
Srihari Govindan, Robert Wilson
If a connected component of perfect equilibria of a two-player game contains a stable set as defined by Mertens, then the component is itself stable. Thus the stable sets maximal under inclusion are...
Perfect equilibrium and lexicographic beliefs
Srihari Govindan, Tilman Klumpp
We extend the results of Blume, Brandenberger, and Dekel (1991b) to obtain a finite characterization of perfect equilibria in terms of lexicographic probability systems (LPSs). The LPSs we consider...
Srihari Govindan, Robert Wilson
A player's pure strategy is called relevant for an outcome of a game in extensive form with perfect recall if there exists a weakly sequential equilibrium with that outcome for which the strategy is...
Global Newton Method for stochastic games
Govindan, Srihari, Wilson, Robert
The Global Newton Method for games in normal form and in extensive form is shown to have a natural extension to computing Markov-perfect equilibria of stochastic games.
Axiomatic Theory of Equilibrium Selection in Signaling Games with Generic Payoffs
Govindan, Srihari, Wilson, Robert B.
Three axioms from decision theory select sets of Nash equilibria of signaling games in extensive form with generic payoffs. The axioms require undominated strategies (admissibility), inclusion of a...
A decomposition algorithm for N-player games
Srihari Govindan, Robert Wilson
Game theory, Computation, Equilibrium, Decomposition, Triangulation, C63,