Notes
- ^1 A single Nash equilibrium is trivially payoff and risk dominant if it is the only NE in the game.
- ^2 Similar distinctions between strict and weak exist for most definitions here, but are not denoted explicitly unless necessary.
- ^3 Harsanyi and Selten (1988) propose that the payoff dominant equilibrium is the rational choice in the stag hunt game, however Harsanyi (1995) retracted this conclusion to take risk dominance as the relevant selection criterion.
Read more about this topic: Risk Dominance
Famous quotes containing the word notes:
“Lap me in soft Lydian airs,
Married to immortal verse,
Such as the meeting soul may pierce
In notes with many a winding bout
Of linked sweetness long drawn out,
With wanton heed and giddy cunning,
The melting voice through mazes running,
Untwisting all the chains that tie
The hidden soul of harmony;”
—John Milton (1608–1674)
“There are only two or three human stories, and they go on repeating themselves as fiercely as if they had never happened before; like the larks in this country, that have been singing the same five notes over for thousands of years.”
—Willa Cather (1873–1947)
“I am thankful for small mercies. I compared notes with one of my friends who expects everything of the universe, and is disappointed when anything is less than best, and I found that I begin at the other extreme, expecting nothing, and am always full of thanks for moderate goods.”
—Ralph Waldo Emerson (1803–1882)