Super‐Nash Performance
ABSTRACT In this paper, I introduce a novel benchmark in games, super‐Nash performance , and a solution concept, optimin , whereby players maximize their minimal payoff under unilateral profitable deviations by other players. Optimin achieves super‐Nash performance in that, for every Nash equilibrium, there exists an optimin where each player not only receives but also guarantees super‐Nash payoffs under unilateral profitable deviations by others. Furthermore, optimin generalizes Nash equilibrium in ‐person constant‐sum games and coincides with it when . Finally, optimin is consistent with the direction of non‐Nash deviations in games in which cooperation has been extensively studied.
Authors
- Mehmet S. Ismail (ORCID: https://orcid.org/0000-0002-3232-0776)
Institutions
- King's College London (GB)
Publication Details
- Journal
- International Economic Review
- Published
- 2025-03-26
- DOI
- https://doi.org/10.1111/iere.12764
- Primary Topic
- Game Theory and Applications
- Type
- article
- Field-Weighted Citation Impact
- 0.00