Economics Discussion Paper Series, University of Manchester, EDP 2101, 2021
45 Pages Posted: 10 Aug 2022
Date Written: August 3, 2022
The paper analyzes the notion of an unbeatable strategy as a game solution concept. A general framework (game with relative preferences) suitable for the analysis of this concept is proposed. Basic facts regarding unbeatable strategies are presented and a number of examples and applications considered.
Keywords: Unbeatable strategy, survival strategy, evolutionary game theory
JEL Classification: C70, C73, C72, G10, G11, L10, L13
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