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We address the essential stability of Cournot-Nash equilibria for generalized games with a continuum of players, where only a finite number of them are atomic. Given any set of generalized games continuously parameterized by a complete metric space, we analyze the robustness of equilibria to...
Persistent link: https://www.econbiz.de/10015230620
We characterize essential stability of Cournot-Nash equilibria for generalized games with a continuum of players. As application, we rationalize the active participation of politically engaged individuals as the unique essential equilibrium in an electoral game with a continuum of Cournot-Nash...
Persistent link: https://www.econbiz.de/10015237704
We characterize the essential stability of games with a continuum of players, where strategy profiles may affect objective functions and admissible strategies. Taking into account the perturbations defined by a continuous mapping from a complete metric space of parameters to the space of...
Persistent link: https://www.econbiz.de/10011151149
We address the essential stability of Cournot-Nash equilibria for generalized games with a continuum of players, where only a finite number of them are atomic. Given any set of generalized games continuously parameterized by a complete metric space, we analyze the robustness of equilibria to...
Persistent link: https://www.econbiz.de/10009647259
We characterize essential stability of Cournot-Nash equilibria of generalized games with a continuum of players. As application, we rationalize the active participation of politically engaged individuals as the unique essential equilibrium in an electoral game with a continuum of Cournot-Nash...
Persistent link: https://www.econbiz.de/10011278429
Persistent link: https://www.econbiz.de/10009690124
Persistent link: https://www.econbiz.de/10010458542
Persistent link: https://www.econbiz.de/10011776146
We show a strong form of path-dependence in collective action. For a given distribution of anti-regime grievances and sentiments in the society, the size of the protest is larger when this distribution of grievances is the result of a sudden large change rather than a series of smaller...
Persistent link: https://www.econbiz.de/10013212556