Equilibria in a model with partial rivalry
成果类型:
Article
署名作者:
Konishi, H; LeBreton, M; Weber, S
署名单位:
Institut Universitaire de France
刊物名称:
JOURNAL OF ECONOMIC THEORY
ISSN/ISSBN:
0022-0531
DOI:
10.1006/jeth.1996.2203
发表日期:
1997
页码:
225-237
关键词:
摘要:
In this paper we show that a non-cooperative game with a finite set of players and common finite strategy sets possesses a strong Nash equilibrium in pure strategies whenever individuals' preferences satisfy independence of irrelevant choices, anonymity, and partial rivalry. Moreover, if any of these assumptions is violated, then even a pure strategy Nash equilibrium may fail to exist. Furthermore, we demonstrate that even with a continuum of players, the same three assumptions yield the existence of a pure strategy strong Nash equilibrium and, in addition, the equivalence of the sets of Nash and strong Nash equilibria in pure strategies. (C) 1997 Academic Press.