We show, by employing a density result for probability measures, that in games with a finite number of players and infinite-dimensional pure strategy spaces Nash equilibria can be approximated by finite mixed strategies. Given < epsilon >0, each player receives an expected utility payoff < epsilon >/2 close to his...</epsilon></epsilon>

One of the main problems in current economic theory is to write contracts which are Pareto optimal, incentive compatible, and also implementable as a perfect Bayesian equilibrium of a dynamic, noncooperative game. The question arises whether it is possible to provide Walrasian type or...

One of the main problems in current economic theory is to write contracts which are Pareto optimal, incentive compatible, and also implementable as a perfect Bayesian equilibrium of a dynamic, noncooperative game. The question arises whether it is possible to provide Walrasian type or...