A Class of Best-Response Potential Games

We identify a class of noncooperative games in continuous strategies which are best-response potential games. We identify the conditions for the existence of a best-response potential function and characterise its construction, describing then the key properties of the equilibrium. The theoretical analysis is accompanied by applications to oligopoly and monetary policy games

Year of publication:	2008
Authors:	Dragone, Davide ; Lambertini, Luca ; Palestini, Arsen
Publisher:	[S.l.] : SSRN
Subject:	Spieltheorie \| Game theory

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