Reducible equilibrium properties: comments on recent existence results

Carmona, GMB (2016) Reducible equilibrium properties: comments on recent existence results Economic Theory, 61 (3). pp. 431-455.

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Abstract

We show that each of the properties of equilibrium problems considered in several recent Nash equilibrium existence results satisfy the following condition: All the existence problems that satisfy the property on a compact subset K of a fixed strategy space have, on K, an equilibrium set that contains the equilibrium set of an existence problem that is well behaved on K. The properties that satisfy this condition are called reducible equilibrium properties. This notion is used to clarify recent existence results and the relationship of some of the properties considered in those results.

Item Type:	Article
Subjects :	Economics
Divisions :	Faculty of Arts and Social Sciences > School of Economics
Authors :	Authors Email ORCID Carmona, GMB UNSPECIFIED UNSPECIFIED
Date :	March 2016
Identification Number :	https://doi.org/10.1007/s00199-014-0842-y
Additional Information :	The final publication is available at Springer via http://dx.doi.org/10.1007/s00199-014-0842-y
Depositing User :	Symplectic Elements
Date Deposited :	14 Oct 2015 09:46
Last Modified :	07 Oct 2016 09:57
URI:	http://epubs.surrey.ac.uk/id/eprint/808828

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