On the existence of equilibria in games with arbitrary strategy spaces and preferences

B-Tier
Journal: Journal of Mathematical Economics
Year: 2015
Volume: 60
Issue: C
Pages: 9-16

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

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

Abstract

This paper provides necessary and sufficient conditions for the existence of pure strategy Nash equilibria by replacing the assumptions concerning continuity and quasiconcavity with a unique condition, passing strategy space from topological vector spaces to arbitrary topological spaces. Preferences may also be nontotal/nontransitive, discontinuous, nonconvex, or nonmonotonic. We define a single condition, recursive diagonal transfer continuity (RDTC) for aggregator payoff function and recursive weak transfer quasi-continuity (RWTQC) for individuals’ preferences, respectively, which establishes the existence of pure strategy Nash equilibria in games with arbitrary (topological) strategy spaces and preferences without imposing any kind of quasiconcavity-related conditions.

Technical Details

RePEc Handle
repec:eee:mateco:v:60:y:2015:i:c:p:9-16
Journal Field
Theory
Author Count
1
Added to Database
2026-01-29