(∊,k)EQUILIBRIA AND WELL-POSEDNESS

Marco Margiocco () and Lucia Pusillo ()
Additional contact information
Marco Margiocco: Dipartimento di Matematica, Università di Genova, Via Dodecaneso 35, 16146 Genova, Italy
Lucia Pusillo: Dipartimento di Matematica, Università di Genova, Via Dodecaneso 35, 16146 Genova, Italy

International Game Theory Review (IGTR), 2006, vol. 08, issue 01, 33-44

Abstract: The aim of this paper is to discuss a new concept of well-posedness for non cooperative games. Starting from the definition of(∊,k)equilibrium as the point where every player either guarantees at leastkor he (she) does not lose more than ∊, we introduce an original definition of well-posedness. We study characterizations of this well-posedness and its relations with the more known Tikhonov well-posedness. We prove that this well-posedness is an ordinal property if the payoff functions are bounded from below.

Keywords: Well-posedness; approximate equilibria; non cooperative games; Subject Classification: 91A10 (search for similar items in EconPapers)
JEL-codes: B4 C0 C6 C7 D5 D7 M2 (search for similar items in EconPapers)
Date: 2006
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S0219198906000771
Access to full text is restricted to subscribers

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:wsi:igtrxx:v:08:y:2006:i:01:n:s0219198906000771

Ordering information: This journal article can be ordered from

DOI: 10.1142/S0219198906000771

Access Statistics for this article

International Game Theory Review (IGTR) is currently edited by David W K Yeung

More articles in International Game Theory Review (IGTR) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().