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In this paper, we prove a fixed-point-like theorem for multi-valued mappings defined on the finite Cartesian product of Grassmannian manifolds and convex sets. Our result generalizes two different kinds of theorems : the fixed-point-like theorem by Hirsh, Magill, Mas-Colell (1990) or Husseiny,...
Persistent link: https://www.econbiz.de/10005220175
In a recent but well known paper, Reny proved the existence of Nash equilibria for better-reply-secure games, with possibly discontinuous payoff functions. Reny's proof is purely existential, and is similar to a contradiction proof : it gives non hint of a method to compute a Nash equilibrium in...
Persistent link: https://www.econbiz.de/10005696823
This paper provides a fixed point theorem à la Schauder, where the mappings considered are possibly discontinuous. Our main result generalizes and unifies several well-known results.
Persistent link: https://www.econbiz.de/10005670957