Existence of First-Order Locally Consistent Equilibria

This note proves the existence of a first-order locally consistent equilibrium (see, for example, Bonanno and Zeeman [1985], Gary-Bobo [1989a], [1989b]) with more general strategy spaces and without the "boundary conditions" employed by Bonanno and Zeeman [1985]. Two examples of application are also provided.

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Year of publication:	1996
Authors:	d'AGATA, Antonio
Published in:	Annales d'Economie et de Statistique. - École Nationale de la Statistique et de l'Admnistration Économique (ENSAE). - 1996, 43, p. 171-179
Publisher:	École Nationale de la Statistique et de l'Admnistration Économique (ENSAE)

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005066080