Reinhard Selten added more criteria to this idea to account for small accidental perturbations so that they be "trembling han
Reinhard Selten added more criteria to this idea to account for small accidental perturbations so that they be "trembling hand perfect." This concept requires that any two participant's beliefs about a third participant be the same, and also requires that no action involved is "strictly dominated" by another. An example of it that does not have this pure-strategy form of it is the matching pennies game; in the Prisoner's Dilemma, the only instance of it is when both participants defect. For 10 points, name this concept in game theory, in which each player's set of actions is a best response to the other player, and which is named after a schizophrenic mathematician.
Reinhard Selten added more criteria to this idea to account for small accidental perturbations so that they be "trembling hand perfect.
Nash Equilibrium