On the existence of Nash equilibrium in discontinuous games
Rabia Nessah () and
Guoqiang Tian
Economic Theory, 2016, vol. 61, issue 3, No 6, 515-540
Abstract:
Abstract This paper offers an equilibrium existence theorem in discontinuous games. We introduce a new notion of very weak continuity, called quasi-weak transfer continuity that guarantees the existence of pure strategy Nash equilibrium in compact and quasiconcave games. We also consider possible extensions and improvements of the main result. We present applications to show that our conditions allow for economically meaningful payoff discontinuities.
Keywords: Discontinuous games; Quasi-weak transfer continuity; Various notions of transfer continuity; Nash equilibrium (search for similar items in EconPapers)
JEL-codes: C62 C72 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (18)
Downloads: (external link)
http://link.springer.com/10.1007/s00199-015-0921-8 Abstract (text/html)
Access to the full text of the articles in this series is restricted.
Related works:
Working Paper: On the existence of Nash equilibrium in discontinuous games (2015)
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:61:y:2016:i:3:d:10.1007_s00199-015-0921-8
Ordering information: This journal article can be ordered from
http://www.springer. ... eory/journal/199/PS2
DOI: 10.1007/s00199-015-0921-8
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 ().