Showing 1 - 10 of 216
We show that a strategy is a Nash equilibrium in a game with a continuum of players if and only if there exists a sequence of finite games such that its restriction is an $\varepsilon_n$-equilibria, with $\varepsilon_n$ converging to zero. In our characterization, the sequence of finite games...
Persistent link: https://www.econbiz.de/10005118535
This paper generalizes previous existence results on unidimensional electoral competition, by extending the traditional two-party electoral game to the case where parties have mixed motivations, in the sense that they are interested in winning the election, but also in the policy implemented...
Persistent link: https://www.econbiz.de/10005118547
We characterize Nash equilibria of games with a continuum of players (Mas-Colell (1984)) in terms of approximate equilibria of large finite games. For the concept of $(\epsilon,\epsilon)$ - equilibrium --- in which the fraction of players not $\epsilon$ - optimizing is less than $\epsilon$ ---...
Persistent link: https://www.econbiz.de/10005118589
Strategic games are considered where the players derive their utilities from participation in certain 'processes.' Two subclasses consisting exclusively of potential games are singled out. In the first, players choose where to participate, but there is a unique way of participation, the same for...
Persistent link: https://www.econbiz.de/10005550874
We consider Salim Rashid's asymptotic version of David Schmeidler's theorem on the purification of Nash equilibria. We show that, in contrast to what is stated, players' payoff functions have to be selected from an equicontinuous family in order for Rashid's theorem to hold. That is, a bound on...
Persistent link: https://www.econbiz.de/10005550924
We consider an asymptotic version of Mas-Colell's theorem on the existence of pure strategy Nash equilibria in large games. Our result states that, if players' payoff functions are selected from an equicontinuous family, then all sufficiently large games have an epsilon - pure, epsilon -...
Persistent link: https://www.econbiz.de/10005550926
I am putting together a collection of clippings, journal articles, and original material to accompany my game theory book. It is due at the publisher's September 1, 1999. This is the preface, in which I explain my choice of items to include.
Persistent link: https://www.econbiz.de/10005118567
Persistent link: https://www.econbiz.de/10005118581
I am putting together a collection of clippings, journal articles, and original material to accompany my game theory book. It is due at the publisher's September 1, 1999. This is the table of contents.
Persistent link: https://www.econbiz.de/10005118599
We present a quantum solution to coordination problems that can be implemented with present technologies. It provides an alternative to existing approaches, which rely on explicit communication, prior commitment or trusted third parties. This quantum mechanism applies to a variety of scenarios...
Persistent link: https://www.econbiz.de/10005062323