Nearly compact and continuous normal form games: characterizations and equilibrium existence
成果类型:
Article
署名作者:
Harris, CJ; Stinchcombe, MB; Zame, WR
署名单位:
University of Texas System; University of Texas Austin; University of California System; University of California Los Angeles; University of London; King's College London
刊物名称:
GAMES AND ECONOMIC BEHAVIOR
ISSN/ISSBN:
0899-8256
DOI:
10.1016/j.geb.2003.06.008
发表日期:
2005
页码:
208-224
关键词:
Infinite games
Equilibrium existence
Finitely additive strategies
compactification
finite approximability of infinite games
摘要:
Normal form games are nearly compact and continuous (NCC) if they can be understood as games played on strategy spaces that are dense subsets of the strategy spaces of larger compact games, with jointly continuous payoffs. There are intrinsic algebraic, measure theoretic, functional analysis, and finite approximability characterizations of NCC games. NCC games have finitely additive equilibria, and all their finitely additive equilibria are equivalent to countably additive equilibria on metric compactifications. The equilibrium set of an NCC game depends upper hemicontinuously on the specification of the game and contains only the limits of approximate equilibria of approximate games. (C) 2003 Elsevier Inc. All rights reserved.