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tremblinghandperfectequilibrium

trembling hand perfect equilibrium

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Definitions of trembling hand perfect equilibrium in various dictionaries:

TREMBLING HAND PERFECT EQUILIBRIUM - In game theory, trembling hand perfect equilibrium is a refinement of Nash equilibrium due to Reinhard Selten. A trembling hand perfect equilibrium i...

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Trembling hand perfect equilibrium description
In game theory, trembling hand perfect equilibrium is a refinement of Nash equilibrium due to Reinhard Selten. A trembling hand perfect equilibrium is an equilibrium that takes the possibility of off-the-equilibrium play into account by assuming that the players, through a "slip of the hand" or tremble, may choose unintended strategies, albeit with negligible probability.
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