Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/221423
Authors: 
Marx, Leslie M.
Swinkels, Jeroen M.
Year of Publication: 
1996
Series/Report no.: 
Discussion Paper No. 1066R
Abstract: 
In general, the result of the elimination of weakly dominated strategies depends on order. We define nice weak dominance. Under nice weak dominance, order does not matter. We identify an important class of games under which nice weak dominance and weak dominance are equivalent, and so order under weak dominance does not matter. For all games, the result of iterative nice weak dominance is an upper bound on he result from any order of weak dominance. The result strengthen the intuitive relationship between backward induction and weak dominance, and shed light on some computational problems relating to weak dominance.
JEL: 
C72
Document Type: 
Working Paper

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