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We show that a distribution of a game with a continuum of players is an equilibrium distribution if and only if there exists a sequence of symmetric approximate equilibrium distributions of games with finite support that converges to it. Thus, although not all games have symmetric equilibrium...
Persistent link: https://www.econbiz.de/10005550968
In order to remedy the possible loss of strategic interaction in non-atomic games with a societal choice, this study proposes a refinement of Nash equilibrium, strategic equilibrium. Given a non-atomic game, its perturbed game is one in which every player believes that he alone has a small, but...
Persistent link: https://www.econbiz.de/10009395483
Persistent link: https://www.econbiz.de/10011573764