Showing 1 - 10 of 570
Any function from a non-empty polytope into itself that is locally gross direction preserving is shown to have the fixed point property. Brouwer's fixed point theorem for continuous functions is a special case. We discuss the application of the result in the area of non-cooperative game theory.
Persistent link: https://www.econbiz.de/10011342557
with unawareness, define equilibrium, and prove existence. We show how equilibria are extended naturally from lower to … investigate the robustness of equilibria to uncertainty about opponents' awareness of actions. We show that a Nash equilibrium of …
Persistent link: https://www.econbiz.de/10010240317
Persistent link: https://www.econbiz.de/10013172795
Persistent link: https://www.econbiz.de/10011684707
Persistent link: https://www.econbiz.de/10012030894
favourable for the long-living individuals, represent an equilibrium. …
Persistent link: https://www.econbiz.de/10010294532
We generalise the coalition structure core to partition function games. Our definition relies only on one crucial assumption, namely that there is some internal consistency in the game: residuals of the deviation play a game similar to the initial one, and –whenever this is possible– they...
Persistent link: https://www.econbiz.de/10011335686
Persistent link: https://www.econbiz.de/10000148219
Delayed perfect monitoring in an infinitely repeated discounted game is modelled by allocating the players to a connected and undirected network. Players observe their immediate neighbors’ behavior only, but communicate over time the repeated game’s history truthfully throughout the network....
Persistent link: https://www.econbiz.de/10003714871
Persistent link: https://www.econbiz.de/10003652546