Nash equilibria in \infty-dimensional spaces: an approximation theorem
Allan Muir () and
Dionysius Glycopantis ()
Additional contact information
Allan Muir: Department of Mathematics, City University, Northampton Square, London EC1V OHB, UK
Dionysius Glycopantis: Department of Economics, City University, Northampton Square, London EC1V OHB, UK
Economic Theory, 1999, vol. 13, issue 3, 743-751
Abstract:
We show, by employing a density result for probability measures, that in games with a finite number of players and \infty-dimensional pure strategy spaces Nash equilibria can be approximated by finite mixed strategies. Given >0, each player receives an expected utility payoff /2 close to his Nash payoff and no player could change his strategy unilaterally and do better than .
Keywords: Nash; Equilibria; \infty-dimensional; strategy; spaces; ·; Finite; number; of; players; ·; Approximation; theorem.; · (search for similar items in EconPapers)
Date: 1999-04-15
Note: Received: July 15, 1997; revised version: February 6, 1998
References: Add references at CitEc
Citations:
Downloads: (external link)
http://link.springer.de/link/service/journals/00199/papers/9013003/90130743.pdf (application/pdf)
Access to the full text of the articles in this series is restricted
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:spr:joecth:v:13:y:1999:i:3:p:743-751
Ordering information: This journal article can be ordered from
http://www.springer. ... eory/journal/199/PS2
Access Statistics for this article
Economic Theory is currently edited by Nichoals Yanneils
More articles in Economic Theory from Springer, Society for the Advancement of Economic Theory (SAET) Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().