Existence of Nash Equilibria in Games with Arbitrary Strategy Spaces and Preferences: A Full Characterization∗

نویسندگان

  • Guoqiang Tian
  • Philip J. Reny
  • Itai Sher
  • Hugo F. Sonnenschein
چکیده

This paper provides a complete solution to the existence of equilibria in games with any number of players that may be finite, infinite, or even uncountable; arbitrary strategy spaces that may be discrete, continuum, non-compact or non-convex; payoffs (resp. preferences) that may be discontinuous or do not have any form of quasi-concavity (resp. nontotal, nontransitive, discontinuous, nonconvex, or nonmonotonic). We establish a single condition, recursive diagonal transfer continuity for aggregate payoffs or recursive weak transfer quasi-continuity for individuals’ preferences, which is necessary and further, under compactness of strategy space, sufficient for the existence of Nash equilibria. Also, we introduce a non-fixed point theoretic proof of equilibrium existence.

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Existence of Equilibria in Games with Arbitrary Strategy Spaces and Preferences: A Full Characterization∗

This paper studies the existence of Nash equilibria when strategy spaces are arbitrary topological spaces and preferences may be nontotal/nontransitive, discontinuous, nonconvex, or nonmonotonic. We define a single condition, recursive diagonal transfer continuity for aggregate payoffs or recursive weak transfer quasi-continuity for individuals’ preferences, which establishes the existence of N...

متن کامل

Existence of Equilibria in Games with Arbitrary Strategy Spaces and Payoffs: A Full Characterization

This paper provides a complete solution to the question of the existence of equilibria in games with general strategy spaces that may be discrete, continuum or non-convex and payoff functions that may be discontinuous or do not have any form of quasi-concavity. We establish a single condition, called recursive diagonal transfer continuity, which is both necessary and sufficient for the existenc...

متن کامل

Existence of Equilibria in Games with Arbitrary Strategy Spaces and Preferences∗

This paper considers the existence of Nash equilibria in games with any number of players that may be finite, infinite, or even uncountable; arbitrary strategy spaces that may be discrete, continuum, non-compact or non-convex; payoffs (resp. preferences) that may be discontinuous or do not have any form of quasi-concavity (resp. nontotal, nontransitive, discontinuous, nonconvex, or nonmonotonic...

متن کامل

On the Existence of Equilibria in Games with Arbitrary Strategy Spaces and Preferences∗

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 singl...

متن کامل

The Existence of Equilibria in Games with Arbitrary Strategy Spaces and Payoffs: A Full Characterization

This paper provides a complete solution to the question of the existence of equilibria in games with general strategy spaces that may be discrete, continuum or non-convex and payoff functions that may be discontinuous and do not have any form of quasi-concavity. We establish a single condition, called recursive diagonal transfer continuity, which is both necessary and sufficient for the existen...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

عنوان ژورنال:

دوره   شماره 

صفحات  -

تاریخ انتشار 2012