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Kenneth Binmore

Mathematician and economistWikipedia

Search complete. 1 mention across 1 episode found for "Kenneth Binmore".

Oct 9, 2026

Type 3 AudioNARRATOR
2:38
However, they only model arbitrary or random deviations from equilibria rather than ones deliberately caused by players themselves.
Type 3 AudioNARRATOR
2:46
This leads to problems when talking about counterfactual behavior, as Kenneth Binmore articulated in nineteen ninety-seven.
Type 3 AudioNARRATOR
2:53
Quote, "What keeps a rational player on the equilibrium path is his evaluation of what would happen if he were to deviate.
Type 3 AudioNARRATOR
3:01
But if he were to deviate, he would behave irrationally.

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