On sequences of iterations of increasing and continuous mappings on complete lattices

成果类型:
Article
署名作者:
Olszewski, Wojciech
署名单位:
Northwestern University
刊物名称:
GAMES AND ECONOMIC BEHAVIOR
ISSN/ISSBN:
0899-8256
DOI:
10.1016/j.geb.2021.01.011
发表日期:
2021
页码:
453-459
关键词:
Tarski's theorem Sequences of iterations Nash equilibria Adaptive dynamics
摘要:
We generalize the famous Tarski result by showing that: if Xis a complete lattice, and f: X -> X is an increasing and continuous mapping, then for all points x(0) is an element of X, the limits of sequences (f(n)(lim sup(k) f(k)(x(0))))(n=1)(infinity) and (f(n)(lim inf(k) f(k)(x(0))))(n=1)(infinity) are fixed points of f. These limits are the tight fixed-point bounds between which sufficiently large iterations f(k)(x(0)) are located. We provide an application of this result to studying best-response dynamics. (C) 2021 Elsevier Inc. All rights reserved.