Pure-strategy Nash equilibria in nonatomic games with infinite-dimensional action spaces

B-Tier
Journal: Economic Theory
Year: 2015
Volume: 58
Issue: 1
Pages: 161-182

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper studies the existence of pure-strategy Nash equilibria for nonatomic games where players take actions in infinite-dimensional Banach spaces. For any infinite-dimensional Banach space, if the player space is modeled by the Lebesgue unit interval, we construct a nonatomic game which has no pure-strategy Nash equilibrium. But if the player space is modeled by a saturated probability space, there is a pure-strategy Nash equilibrium in every nonatomic game. Finally, if every game with a fixed nonatomic player space and a fixed infinite-dimensional action space has a pure-strategy Nash equilibrium, the underlying player space must be saturated. Copyright Springer-Verlag Berlin Heidelberg 2015

Technical Details

RePEc Handle
repec:spr:joecth:v:58:y:2015:i:1:p:161-182
Journal Field
Theory
Author Count
2
Added to Database
2026-01-29