Discontinuous stable games and efficient Nash equilibria
Vincenzo Scalzo
Economics Letters, 2012, vol. 115, issue 3, 387-389
Abstract:
In the recent paper by the author [Scalzo, V., 2010. Pareto efficient Nash equilibria in discontinuous games. Economics Letters 107, 364–365], a class of discontinuous games where efficient Nash equilibria exist has been defined. In the present paper, we complete the previous investigation and recognize a class of discontinuous games where the efficient Nash equilibria are stable with respect to perturbations of the characteristics of players.
Keywords: Efficient Nash equilibria; Stability of equilibria; Discontinuous games (search for similar items in EconPapers)
JEL-codes: C72 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:115:y:2012:i:3:p:387-389
DOI: 10.1016/j.econlet.2011.12.089
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