Skip to main content

A Generalized Equilibrium Solution Concept for Game Theory

Working Paper 175 | Published August 1, 1981

Download PDF

Author

Default people image

John Bryant

A Generalized Equilibrium Solution Concept for Game Theory

Abstract

Game theory is both at the heart of economics and without a definitive solution. This paper proposes a solution. It is argued that a dominance criterion generates a, and perhaps the, generalized equilibrium solution for game theory. First we provide a set theoretic perspective from which to view game theory, and then present and discuss the proposed solution.