Nash Distributional Equilibrium (MSNDE), prove its existence, and determine comparative statics of equilibrium paths and …We present a new approach to studying equilibrium dynamics in a class of stochastic games with a continuum of players … with private types and strategic complementarities. We introduce a suitable equilibrium concept, called Markov Stationary …

behavior in several classes of continuous games and show that convergence to a stable Nash equilibrium is guaranteed in all … games with strategic complements as well as in concave games, while convergence to Nash occurs in all locally ordinal … potential games as soon as Nash equilibria are isolated. …

This article presents a new approach to analyze the equilibrium set of symmetric, differentiable games by separating … parameter constellations affect the scope for multiple symmetric or asymmetric equilibria, or how the equilibrium set depends on …

We study the design of mechanisms that implement Lindahl or Walrasian allocations and whose Nash equilibria are … for a mechanism to Nash implement Lindahl or Walrasian allocations, show that these conditions are inconsistent with the … stability while gaining budget balance out of equilibrium. …

This paper studies the existence of equilibrium solution concepts in a large class of economic models with … discontinuous payoff functions. The issue is well understood for Nash equilibria, thanks to Reny’s better-reply security con- dition … types admit an approximate equilibrium, and that many competition models have a sharing rule solution. …