Abstract
Fundamental results in the theory of extensive form games have singled out the reduced normal form as the key representation of a game in terms of strategic equivalence. In a precise sense, the reduced normal form contains all strategically relevant information. This note shows that a difficulty with the concept has been overlooked so far: given a reduced normal form alone, it may be impossible to reconstruct the game’s extensive form representation.
Original language | English |
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Pages (from-to) | 281-288 |
Number of pages | 8 |
Journal | Economic Theory Bulletin |
Volume | 8 |
Early online date | 4 Jun 2020 |
DOIs | |
Publication status | Published - 4 Jun 2020 |
Keywords
- reduced normal form, extensive form games