Generalized perturbed best response dynamics with a continuum of strategies
成果类型:
Article
署名作者:
Lahkar, Ratul; Mukherjee, Sayan; Roy, Souvik
署名单位:
Ashoka University; Indian Statistical Institute; Indian Statistical Institute Kolkata
刊物名称:
JOURNAL OF ECONOMIC THEORY
ISSN/ISSBN:
0022-0531
DOI:
10.1016/j.jet.2021.105398
发表日期:
2022
关键词:
Perturbed best response
Logit dynamic
potential games
Negative semidefinite games
摘要:
We consider a generalization of perturbed best response dynamics in population games with a continuum of strategies. The previous literature has considered the logit dynamic generated through the Shannon entropy as a deterministic perturbation. We consider a wider class of deterministic perturbations satisfying lower semicontinuity and strong convexity. Apart from the Shannon entropy, Tsallis entropy and Burg entropy are other perturbations that satisfy these conditions. We thereby generate the generalized perturbed best response dynamic with a continuum of strategies. We establish fundamental properties of the dynamic and show convergence in potential games and negative semidefinite games. (c) 2021 Elsevier Inc. All rights reserved.