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We provide approximation results for Nash equilibria in possibly discontinuous games when payoffs and strategy sets are perturbed, and compare these conditions to those considered in the related literature. We then prove existence results for a new finitistic infinite-game generalization of...
Persistent link: https://www.econbiz.de/10010282852
We provide approximation results for Nash equilibria in possibly discontinuous games when payoffs and strategy sets are perturbed. We then prove existence results for a new “finitistic” infinite-game generalization of Selten’s (Int J Game Theory 4: 25–55, <CitationRef CitationID="CR23">1975</CitationRef>) notion of perfection and...</citationref>
Persistent link: https://www.econbiz.de/10010993541
We provide approximation results for Nash equilibria in possibly discontinuous games when payoffs and strategy sets are perturbed, and compare these conditions to those considered in the related literature. We then prove existence results for a new "finitistic" infinite-game generalization of...
Persistent link: https://www.econbiz.de/10009372744
We prove the existence of strategically stable sets of pure-strategy Nash equilibria (and hence the existence of pure-strategy trembling-hand perfect equilibria) in potential games that admit an upper semicontinuous potential, and we show that generic potential games possess pure-strategy...
Persistent link: https://www.econbiz.de/10009372756
We provide approximation results for Nash equilibria in possibly discontinuous games when payoffs and strategy sets are perturbed. We then prove existence results for a new "finitistic" infinite-game generalization of Selten's [24] notion of perfection, and study some of its properties. The...
Persistent link: https://www.econbiz.de/10010607668
We show that supermodular games satisfying sequential better-reply security possess a pure strategy perfect equilibrium and a strategically stable set of pure strategies. We illustrate that, in continuous supermodular games, perfect equilibria may contain weakly dominated actions. Moreover, in...
Persistent link: https://www.econbiz.de/10010607669
We furnish conditions on the primitives of a Bayesian game that guarantee the existence of a Bayes-Nash equilibrium. We consider spaces of distributional and behavioral strategies, and highlight the relationship between their respective topologies, which implies that the two spaces are mutually...
Persistent link: https://www.econbiz.de/10010797420