A sandwich theorem for generic n x n two person games

成果类型:
Article
署名作者:
Sun, Ching-jen
署名单位:
Deakin University
刊物名称:
GAMES AND ECONOMIC BEHAVIOR
ISSN/ISSBN:
0899-8256
DOI:
10.1016/j.geb.2019.12.004
发表日期:
2020
页码:
86-95
关键词:
Nash equilibrium Lefschetz-Hopf theorem index STABILITY
摘要:
We study the structure of Nash equilibria in generic n x n games. A game is said to have a sandwich structure in Nash equilibria if there is a mixed strategy Nash equilibrium inside every collection of pure strategy Nash equilibria. A sufficient condition, which solely relies on the ordinal information of the game, is given for a generic n x n game to have a sandwich structure in Nash equilibria. We provide a lower bound on the number of Nash equilibria and determine the stability of each equilibrium in games with a sandwich structure in Nash equilibria. Moreover, when the number of pure strategy Nash equilibria is equal to the number of pure strategies available to each player, the exact structure of Nash equilibria can be determined. (C) 2019 Elsevier Inc. All rights reserved.