Equilibrium selection and consistency. (English) Zbl 0848.90132
Summary: We show that, for two important classes of strategic games, namely the class of mixed extensions of finite games and the class of games with compact and convex strategy spaces and continuous-concave payoff functions, equilibrium selection is incompatible with One Person Rationality, Consistency and (restricted) Non-Emptiness.
MSC:
91A10 | Noncooperative games |