The existence of perfect equilibrium is demonstrated for a class of games with compact space of histories and continuous payoffs, and in which the set of actions feasible at any given period is a lower hemicontinuous correspondence of the previous history of the game. The proof is by construction. A set of histories is constructed, each of which is the equilibrium path of some perfect equilibrium point of the game. Also, any equilibrium path is a member of this set. The construction therefore provides a characterization of perfect equilibrium.
MLA
Harris, Christopher. “Existence and Characterization of Perfect Equilibrium in Games of Perfect Information.” Econometrica, vol. 53, .no 3, Econometric Society, 1985, pp. 613-628, https://www.jstor.org/stable/1911658
Chicago
Harris, Christopher. “Existence and Characterization of Perfect Equilibrium in Games of Perfect Information.” Econometrica, 53, .no 3, (Econometric Society: 1985), 613-628. https://www.jstor.org/stable/1911658
APA
Harris, C. (1985). Existence and Characterization of Perfect Equilibrium in Games of Perfect Information. Econometrica, 53(3), 613-628. https://www.jstor.org/stable/1911658
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