For IESDS, it doesn't matter what order you eliminate strategies in: the same set of strategies will
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For IESDS, it doesn't matter what order you eliminate strategies in: the same set of strategies will survive in the end (or the same unique strategy profile survives, in the case where the game is dominance solvable). However, for iterated elimination of weakly dominated strategies (IEWDS), the order of elimination matters, and so two different game theorists might analyze the same game using IEWDS and come up with different solutions.
Give an example of a static game (with no more than 3 strategies for each player) to illustrate that the order of elimination can yield different results for IEWDS.
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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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