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Reduced normal forms are not extensive forms

Alos-Ferrer, Carlos; Ritzberger, Klaus (2020). Reduced normal forms are not extensive forms. Economic Theory Bulletin, 8(2):281-288.

Abstract

Fundamental results in the theory of extensive form games have singled out the reduced normal form as the key representation of a game in terms of strategic equivalence. In a precise sense, the reduced normal form contains all strategically relevant information. This note shows that a difficulty with the concept has been overlooked so far: given a reduced normal form alone, it may be impossible to reconstruct the game’s extensive form representation.

Additional indexing

Item Type:Journal Article, refereed, original work
Communities & Collections:03 Faculty of Economics > Department of Economics
Dewey Decimal Classification:330 Economics
Uncontrolled Keywords:Reduced normal forms, extensive form games
Scope:Discipline-based scholarship (basic research)
Language:English
Date:1 October 2020
Deposited On:05 Aug 2020 15:05
Last Modified:21 Feb 2025 02:37
Publisher:Springer
ISSN:2196-1085
OA Status:Closed
Publisher DOI:https://doi.org/10.1007/s40505-020-00183-8
Other Identification Number:merlin-id:19633

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