Equilibrium in discontinuous games without complete or transitive preferences

Springer Science and Business Media LLC - Tập 4 - Trang 1-4 - 2015
Philip J. Reny1
1Department of Economics, University of Chicago, Chicago, USA

Tóm tắt

Reny (Econ Theory, 2015) is used here to prove the existence of equilibrium in discontinuous games in which the players’ preferences need be neither complete nor transitive. The proof adapts important ideas from Shafer and Sonnenschein (J Math Econ 2:345–348, 1975).

Tài liệu tham khảo

Reny, P.J.: Nash equilibrium in discontinuous games. Econ. Theory, pp. 1–17. Springer, Heidelberg (2015). doi:10.1007/s00199-015-0934-3 Shafer, W., Sonnenschein, H.: Equilibrium in abstract economies without ordered preferences. J. Math. Econ. 2, 345–348 (1975)