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Any function from a non-empty polytope into itself that is locally gross direction preserving is shown to have the fixed point property. Brouwer's fixed point theorem for continuous functions is a special case. We discuss the application of the result in the area of non-cooperative game...</p>
Persistent link: https://www.econbiz.de/10011257532
Any function from a non-empty polytope into itself that is locally gross direction preserving is shown to have the fixed point property. Brouwer's fixed point theorem for continuous functions is a special case. We discuss the application of the result in the area of non-cooperative game theory.
Persistent link: https://www.econbiz.de/10005137207
This discussion paper resulted in a publication in the 'Economic Theory', 2015, 58, 99-123.<P> In the literature various models of games with restricted cooperation can be found. In those models, instead of allowing for all subsets of the set of players to form, it is assumed that the set of...</p>
Persistent link: https://www.econbiz.de/10011256309