Showing 1 - 10 of 33
Persistent link: https://www.econbiz.de/10011479765
Persistent link: https://www.econbiz.de/10012105765
Persistent link: https://www.econbiz.de/10012103996
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/10012637451
Persistent link: https://www.econbiz.de/10005527145
We present a purification result for incomplete information games with a large but finite number of players that allows compact metric spaces for both actions and types. We then compare our framework and findings to the early purification theorems of Rashid (1983. Equilibrium points of...
Persistent link: https://www.econbiz.de/10005388278
The book aims at describing the recent developments in the existence and stability of Nash equilibrium. The two topics are central to game theory and economics and have been extensively researched. Recent results on existence and stability of Nash equilibrium are scattered and the relationship...
Persistent link: https://www.econbiz.de/10011122724
Balder's [6] 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 [47]. Specifically, we extend the notion of continuous security, introduced by McLennan, Monteiro & Tourky [38] and...
Persistent link: https://www.econbiz.de/10010785026
We present a result on approximate ex-post stability of Bayes–Nash equilibria in semi-anonymous Bayesian games with a large finite number of players. The result allows playersʼ action and type spaces to be general compact metric spaces, thus extending a result by Kalai (2004).
Persistent link: https://www.econbiz.de/10011049809
We show that every bounded, continuous at infinity game of perfect information has an ε–perfect equilibrium. Our method consists of approximating the payoff function of each player by a sequence of simple functions, and to consider the corresponding sequence of games, each differing from the...
Persistent link: https://www.econbiz.de/10005047573