Glossary of economics research
Results of search for perfect equilibrium follow:
perfect equilibrium:
In a noncooperative game, a profile of strategies is a perfect equilibrium if
it is a limit of epsilon-equilibria as epsilon goes to zero.
There can be more than one perfect equilibrium in a game.
For a more formal definition see sources. This is a rough paraphrase.
Source: Pearce, 1984, p 1037
Contexts: game theory
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