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This paper disentangles the topological assumptions of classical results (e.g.,Walker, 1977 on the existence of maximal …’s (1961) lemma on KKM correspondences, and the existence of fixed points for subordinate convex correspondences generalizing …
Persistent link: https://www.econbiz.de/10011065410
We prove existence and purification results for strategic environments possessing a product structure that includes … existence of pure-strategy equilibria allowing for infinite-dimensional externalities. Applied to stochastic games, the results … yield existence of stationary Markov perfect equilibria with extremal payoffs, which in turn yields existence of pure …
Persistent link: https://www.econbiz.de/10011189746
ensure existence of subgame perfect equilibria (SPE). We show that when Nature's moves are atomless in the original game … of He and Sun (2020) on existence of SPE without public randomization, which in turn yields equilibrium existence for …
Persistent link: https://www.econbiz.de/10013189006
Persistent link: https://www.econbiz.de/10010389538
Persistent link: https://www.econbiz.de/10011326862
ensure existence of subgame perfect equilibria (SPE). We show that when Nature's moves are atomless in the original game … of He and Sun (2020) on existence of SPE without public randomization, which in turn yields equilibrium existence for …
Persistent link: https://www.econbiz.de/10012806463