Strict pure strategy Nash equilibria in large finite-player games
Carmona, Guilherme and Podczeck, Konrad (2020) Strict pure strategy Nash equilibria in large finite-player games Theoretical Economics.
![]() |
Text
generic_rev2A.pdf - Accepted version Manuscript Restricted to Repository staff only Download (273kB) |
Abstract
In the context of anonymous games (i.e., games where the payoff of a player is, apart from his/her own action, determined by the distribution of the actions made by the other players) we present a model in which, generically (in a precise sense), finite-player games have strict pure strategy Nash equilibria if the number of agents is large. A key feature of our model is that payoff functions have differentiability properties. A consequence of our existence result is that, in our model, equilibrium distributions of non-atomic games are asymptotically implementable by pure strategy Nash equilibria of large finite-player games.
Item Type: | Article | |||||||||
---|---|---|---|---|---|---|---|---|---|---|
Divisions : | Faculty of Arts and Social Sciences > School of Economics | |||||||||
Authors : |
|
|||||||||
Date : | 16 September 2020 | |||||||||
Copyright Disclaimer : | Copyright 2020 © The Econometric Society | |||||||||
Uncontrolled Keywords : | Large games; Pure strategy; Nash equilibrium; Generic property | |||||||||
Related URLs : | ||||||||||
Depositing User : | Diane Maxfield | |||||||||
Date Deposited : | 06 Oct 2020 16:40 | |||||||||
Last Modified : | 06 Oct 2020 16:40 | |||||||||
URI: | http://epubs.surrey.ac.uk/id/eprint/858682 |
Actions (login required)
![]() |
View Item |
Downloads
Downloads per month over past year