On the existence of equilibria in games with arbitrary strategy spaces and preferences | |
Tian, Guoqiang1,2 | |
刊名 | JOURNAL OF MATHEMATICAL ECONOMICS |
2015-10 | |
卷号 | 60页码:9-16 |
关键词 | Nash equilibrium Discontinuous games Arbitrary topological spaces Recursive transfer continuity |
ISSN号 | 0304-4068 |
DOI | 10.1016/j.jmateco.2015.06.001 |
英文摘要 | This paper provides necessary and sufficient conditions for the existence of pure strategy Nash equilibria by replacing the assumptions concerning continuity and quasiconcavity with a unique condition, passing strategy space from topological vector spaces to arbitrary topological spaces. Preferences may also be nontotal/nontransitive, discontinuous, nonconvex, or nonmonotonic. We define a single condition, recursive diagonal transfer continuity (RDTC) for aggregator payoff function and recursive weak transfer quasi-continuity (RWTQC) for individuals' preferences, respectively, which establishes the existence of pure strategy Nash equilibria in games with arbitrary (topological) strategy spaces and preferences without imposing any kind of quasiconcavity-related conditions. (C) 2015 Elsevier B.V. All rights reserved. |
WOS研究方向 | Business & Economics ; Mathematics ; Mathematical Methods In Social Sciences |
语种 | 英语 |
出版者 | ELSEVIER SCIENCE SA |
WOS记录号 | WOS:000361780900002 |
内容类型 | 期刊论文 |
源URL | [http://10.2.47.112/handle/2XS4QKH4/1459] |
专题 | 上海财经大学 |
通讯作者 | Tian, Guoqiang |
作者单位 | 1.Texas A&M Univ, Dept Econ, College Stn, TX 77843 USA; 2.Shanghai Univ Finance & Econ, Sch Econ, Shanghai 200433, Peoples R China |
推荐引用方式 GB/T 7714 | Tian, Guoqiang. On the existence of equilibria in games with arbitrary strategy spaces and preferences[J]. JOURNAL OF MATHEMATICAL ECONOMICS,2015,60:9-16. |
APA | Tian, Guoqiang.(2015).On the existence of equilibria in games with arbitrary strategy spaces and preferences.JOURNAL OF MATHEMATICAL ECONOMICS,60,9-16. |
MLA | Tian, Guoqiang."On the existence of equilibria in games with arbitrary strategy spaces and preferences".JOURNAL OF MATHEMATICAL ECONOMICS 60(2015):9-16. |
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