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The Kreps-Wilson monopoly-entrant game and cautiously rationalizable sequential equilibria |
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| Authors: | Manfred J. Holler |
| Affiliation: | 1. Institute of Economics and Statistics, University of Aarhus, DK-8000, Aarhus C, Denmark |
| Abstract: | In this paper the α and β characteristic functions are reviewed and a new concept, the credible threat function, is introduced following some tentative remarks on the credibility of threats. |
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