2019
DOI: 10.3982/te2904
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Iterated weak dominance and interval-dominance supermodular games

Abstract: This paper extends Milgrom and Robert's treatment of supermodular games in two ways. It points out that their main characterization result holds under a weaker assumption. It refines the arguments to provide bounds on the set of strategies that survive iterated deletion of weakly dominated strategies. I derive the bounds by iterating the best-response correspondence. I give conditions under which they are independent of the order of deletion of dominated strategies. The results have implications for equilibriu… Show more

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Cited by 7 publications
(2 citation statements)
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“…In [8] the correspondence between the outcomes given by the iterated elimination of weakly dominated strategies and backward induction was investigated in the context of binary voting agendas with sequential voting. More recently, this procedure was studied in [16] in the context of supermodular games.…”
Section: Introductionmentioning
confidence: 99%
“…In [8] the correspondence between the outcomes given by the iterated elimination of weakly dominated strategies and backward induction was investigated in the context of binary voting agendas with sequential voting. More recently, this procedure was studied in [16] in the context of supermodular games.…”
Section: Introductionmentioning
confidence: 99%
“…provide an explicit example to show that the interval-dominance order is less restrictive than the singlecrossing property Quah and Strulovici (2007). andSobel (2019) compare all these ordering relations.…”
mentioning
confidence: 99%