The nonatomic supermodular game
Jian Yang and
Xiangtong Qi
Games and Economic Behavior, 2013, vol. 82, issue C, 609-620
Abstract:
We introduce the nonatomic supermodular game, where no playerʼs action has any discernible impact on other playersʼ payoffs and yet strategic complementarities prevail among all playersʼ types and actions. For both semi-anonymous and anonymous games, we show that monotone equilibria form nonempty complete lattices and among these equilibria, the largest and smallest members vary in monotone fashions with respect to certain game-changing parameters. Results here complement existing nonatomic-game works, which focused more on pure equilibria of anonymous games where opponentsʼ types are not influential. They are also applicable to price competition involving diverse cost/quality parameters, as well as a slew of other situations.
Keywords: Nonatomic game; Supermodular game; Strong set order; Stochastic dominance order; Complete lattice (search for similar items in EconPapers)
JEL-codes: C72 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (5)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:gamebe:v:82:y:2013:i:c:p:609-620
DOI: 10.1016/j.geb.2013.09.005
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