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This paper attempts to underline how the Diagonal Transfer Continuity hypothesis (Baye, Tian and Zhou, 1993) and Better-Reply Security (Reny, 1999) are unconnected between themselves as sucient conditions for stating the existence of Nash equilibria. Besides, various examples and counterexamples...
Persistent link: https://www.econbiz.de/10005265162
To give sucient conditions for Nash Equilibrium existence in a continuous game is a central problem in Game Theory. In this paper, we present two games in which we show how the continuity and quasi-concavity hypotheses are unconnected one to each other. Then, we relax the quasiconcavity...
Persistent link: https://www.econbiz.de/10005265188