Strategic Characterization of the Index of an Equilibrium

نویسندگان

  • Arndt von Schemde
  • Bernhard von Stengel
چکیده

We prove that an equilibrium of a nondegenerate bimatrix game has index +1 if and only if it can be made the unique equilibrium of an extended game with additional strategies of one player. The main tool is the “dual construction”. A simplicial polytope, dual to the common best-response polytope of one player, has its facets subdivided into best-response regions, so that equilibria are completely labeled points on the surface of that polytope. That surface has dimension m− 1 for an m× n game, which is much lower than the dimension m+n of the polytopes that are classically used.

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

ارزیابی قدرت بازار در بازار برق ایران با تاکید بر شرایط نیروگاه‌ها در شبکه

The electricity industry that has been administrated with integrated vertical structure worldwide is now undergoing dramatic changes. Electricity industry is converting to a competitive industry in which market powers determine the price of electricity, there for it is important to identify market power. The Electricity Market of Iran and Iran Grid Management Company were established in 2003 an...

متن کامل

The competitive advantages analysis of pharmaceutical industry strategic behaviors by game theory

Game theory is the study of mathematical models and cooperation between intelligent rational decision-makers. This paper provides a flexible model to calculate pay-off matrix based on several importance factors. This model is adapted by cooperative game and developed for some competitive advantages sections in pharmaceutical industry. An optimum solution is derived by considering Nash equilibri...

متن کامل

Impact of Participants’ Market Power and Transmission Constraints on GenCos’ Nash Equilibrium Point

Unlike perfect competitive markets, in oligopoly electricity markets due to strategic producers and transmission constraints GenCos may increase their own profit through strategic biddings. This paper investigates the problem of developing optimal bidding strategies of GenCos considering participants’ market power and transmission constraints. The problem is modeled as a bi-level optimizati...

متن کامل

Chemical, physical characterization and salinity distribution of the oilfield water in the Upper Sandstone Member of the Zubair reservoir at Rumaila North Oilfield, Southern Iraq

The oilfield water in the Upper Sandstone Member of the Zubair reservoir (Barriemian-Hauterivian) at Rumaila North Oil Field was investigated for the interpretation of salinity and geochemical evolution of brine compositions. The interaction of the oilfield water with reservoir rock resulted in a brine water derived from the marine water origin of partial mixing with meteoric water similar to t...

متن کامل

The Cartel-Fringe Equilibrium with Sluggish Demand

The demand for some products, such as energy, does not instantaneously respond to price changes. In fact, sluggishness of the demand is an important characteristic of energy and oil markets. This study examines the effect of demand sluggishness on the price and output of a fossil fuel industry in which a cartel and a fringe firm supply in the market. The cartel has larger reserves and less cost...

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 2008