A simple proof of the sufficiency of Dilmé’s power-sequence test for Kreps-Wilson consistency
Abstract Dilmé (Internat J Game Theory 53:673 2024) shows that an assessment is Kreps-Wilson (1982) consistent if and only if it is the limit of a particularly simple kind of sequence of strictly mixed strategies—which Dilmé calls a “power sequence”—and its associated sequence of Bayes-rule induced beliefs. We use Farkas’ lemma to provide a brief and simple proof of Dilmé’s result.
Authors
- Philip J. Reny (ORCID: https://orcid.org/0000-0002-8903-8675)
Institutions
- University of Chicago (US)
Publication Details
- Journal
- International Journal of Game Theory
- Published
- 2026-05-22
- DOI
- https://doi.org/10.1007/s00182-026-00997-z
- Primary Topic
- Game Theory and Applications
- Type
- article
- Field-Weighted Citation Impact
- 0.00