Perfect Bayesian equilibrium

GPTKB entity

Statements (21)
Predicate Object
gptkbp:instanceOf Game theory concept
gptkbp:alternativeName gptkb:PBE
gptkbp:appliesTo Dynamic games
gptkbp:assumes Common knowledge of rationality
Rational players
gptkbp:characterizedBy Belief consistency
Sequential rationality
gptkbp:describes Players' strategies and beliefs
gptkbp:field gptkb:Game_theory
gptkbp:generalizes Subgame perfect equilibrium
https://www.w3.org/2000/01/rdf-schema#label Perfect Bayesian equilibrium
gptkbp:introducedIn 1980s
gptkbp:relatedTo gptkb:Bayesian_Nash_equilibrium
Sequential equilibrium
gptkbp:requires Consistent beliefs at every information set
Optimal strategies given beliefs
gptkbp:usedIn gptkb:Political_science
Economics
Biology
gptkbp:bfsParent gptkb:signaling_game
gptkbp:bfsLayer 6