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 |
|---|---|
| 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