Large games with a bio-social typology

成果类型:
Article
署名作者:
Khan, M. All; Rath, Kali P.; Sun, Yeneng; Yu, Haomiao
署名单位:
Johns Hopkins University; University of Notre Dame; National University of Singapore; Toronto Metropolitan University
刊物名称:
JOURNAL OF ECONOMIC THEORY
ISSN/ISSBN:
0022-0531
DOI:
10.1016/j.jet.2012.11.002
发表日期:
2013
页码:
1122-1149
关键词:
Large games Social-type traits Idealized limit game saturated probability space Pure-strategy Nash equilibrium Closed-graph property Upper hemi-continuity asymptotic implementation
摘要:
We present a comprehensive theory of large games in which players have names and determinate social-types and/or biological traits, and identify through four decisive examples, essentially based on a matching-pennies type game, pathologies arising from the use of a Lebesgue interval for player's names. In a sufficiently general context of traits and actions, we address this dissonance by showing a saturated probability space as being a necessary and sufficient name-space for the existence and upper hemi-continuity of pure-strategy Nash equilibria in large games with traits. We illustrate the idealized results by corresponding asymptotic results for an increasing sequence of finite games. (C) 2013 Elsevier Inc. All rights reserved.