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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...
Persistent link: https://www.econbiz.de/10013189057
Balder's (2002) model of games with a measure space of players is integrated with the line of research on finite-player games with discontinuous payoff functions which follows Reny (1999). Specifically, we extend the notion of continuous security, introduced by McLennan, Monteiro and Tourky...
Persistent link: https://www.econbiz.de/10011108045
Over the years, several formalizations and existence results for games with a continuum of players have been given. These include those of Schmeidler (1973), Rashid (1983), Mas-Colell (1984), Khan and Sun (1999) and Podczeck (2007a). The level of generality of each of these existence results is...
Persistent link: https://www.econbiz.de/10013292938
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...
Persistent link: https://www.econbiz.de/10012806369
Persistent link: https://www.econbiz.de/10013277344
Persistent link: https://www.econbiz.de/10002155875
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Persistent link: https://www.econbiz.de/10012584418
Random matching models with a continuum population are widely used in economics to study environments where agents interact in small coalitions. This paper provides foundations to such models. In particular, the paper establishes an existence result for random matchings that are universal in the...
Persistent link: https://www.econbiz.de/10015224883