On the equilibrium uniqueness in noncooperative n-person games
Bo Chen ()
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Bo Chen: School of Management, Hefei University of Technology, No. 193, Tunxi Road, Hefei City, Anhui, Province 230009, P. R. China
International Game Theory Review (IGTR), 2025, vol. 27, issue 03, 1-7
Abstract:
In this paper, I establish new sufficient conditions for the existence of a unique pure-strategy Nash equilibrium in noncooperative n-person games. I also demonstrate that these conditions are satisfied in the Cournot competition when supply is less elastic than demand.
Keywords: Equilibrium uniqueness; noncooperative game; Cournot competition; best reply function (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:wsi:igtrxx:v:27:y:2025:i:03:n:s0219198925500033
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DOI: 10.1142/S0219198925500033
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