Markov perfect
From Wikipedia, the free encyclopedia
Markov perfect is a property of some Nash equilibria. A Markov perfect equilibrium is a profile of Markov strategies that yields a Nash equilibrium in every proper subgame.
[edit] References
- Fudenberg, Drew, and Jean Tirole. 1991, 1993. Game Theory. MIT Press.
- EconTerms - Glossary of economics research