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Monotonicity and Bracketing in Games

2025/02/16 by Fedor Sandomirskiy, Sandomirskiy, Fedor, Po Hyun Sung +5 · 1 citation
Decision Sciences · #Game Theory and Applications

paper · pdf · doi:10.48550/arxiv.2502.11243

Abstract

We study solution concepts for normal-form games. We obtain a characterization of Nash equilibria and logit quantal response equilibria, as well as generalizations capturing non-expected utility. Our axioms reflect that players are responsive to payoffs induced by the play of others and, whenever several games are played simultaneously, players may consider each separately.

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