Equilibria in large games with continuous procedures

成果类型:
Article
署名作者:
Rustichini, A
署名单位:
University of Minnesota System; University of Minnesota Twin Cities
刊物名称:
JOURNAL OF ECONOMIC THEORY
ISSN/ISSBN:
0022-0531
DOI:
10.1016/S0022-0531(03)00168-6
发表日期:
2003
页码:
151-171
关键词:
Procedural rationality Sophisticated agents
摘要:
We study existence of equilibria in large games where players use boundedly rational procedures. The equilibria are different from Nash equilibria; the difference persists even when players use procedures for which the observations gathered in any period are used to evaluate the payoff from different actions. (C) 2003 Elsevier Science (USA). All rights reserved.