Nash and Bayes–Nash equilibria in strategic-form games with intransitivities

Autor: Oriol Carbonell-Nicolau, Richard P. McLean
Rok vydání: 2018
Předmět:
Zdroj: Economic Theory. 68:935-965
ISSN: 1432-0479
0938-2259
DOI: 10.1007/s00199-018-1151-7
Popis: We study games with intransitive preferences that admit skew-symmetric representations. We introduce the notion of surrogate better-reply security for discontinuous skew-symmetric games and elucidate the relationship between surrogate better-reply security and other security concepts in the literature. We then prove existence of behavioral strategy equilibrium for discontinuous skew-symmetric games of incomplete information (and, in particular, existence of mixed-strategy equilibrium for discontinuous skew-symmetric games of complete information), generalizing extant results.
Databáze: OpenAIRE