A Cantor Set of Games with No Shift-Homogeneous Equilibrium Selection

成果类型:
Article
署名作者:
Levy, Yehuda
署名单位:
Hebrew University of Jerusalem; Hebrew University of Jerusalem
刊物名称:
MATHEMATICS OF OPERATIONS RESEARCH
ISSN/ISSBN:
0364-765X
DOI:
10.1287/moor.1120.0573
发表日期:
2013
页码:
492-503
关键词:
摘要:
We construct a continuum of games on a countable set of players that does not possess a measurable equilibrium selection that satisfies a natural homogeneity property. The explicit nature of the construction yields counterexamples to the existence of equilibria in models with overlapping generations and in games with a continuum of players.
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