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On the equivalence between subgame perfection and sequentiality

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  • González Pimienta,Carlos
  • Litan, Cristian M.
Abstract
We identify the maximal set of finite extensive forms for which the sets of subgame perfect and sequential equilibrium strategies coincide for any possible assignment of the payoff function. We also identify the maximal set of finite extensive forms for which the outcomes induced by the two solution concepts coincide.

Suggested Citation

  • González Pimienta,Carlos & Litan, Cristian M., 2005. "On the equivalence between subgame perfection and sequentiality," UC3M Working papers. Economics we052616, Universidad Carlos III de Madrid. Departamento de Economía.
    • Handle: RePEc:cte:werepe:we052616
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    References listed on IDEAS

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    1. Kreps, David M & Wilson, Robert, 1982. "Sequential Equilibria," Econometrica, Econometric Society, vol. 50(4), pages 863-894, July.
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