Cycles with undistinguished actions and extended Rock–Paper–Scissors games

C-Tier
Journal: Economics Letters
Year: 2013
Volume: 120
Issue: 3
Pages: 588-591

Authors (2)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

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

Abstract

This paper examines zero-sum games that are based on a cyclic preference relation defined over undistinguished actions. For each of these games, the set of Nash equilibria is characterized. When the number of actions is odd, a unique Nash equilibrium is always obtained. On the other hand, in the case of an even number of actions, every such game exhibits an infinite number of Nash equilibria. Our results give some insights as to the robustness of Nash equilibria with respect to perturbations of the action set.

Technical Details

RePEc Handle
repec:eee:ecolet:v:120:y:2013:i:3:p:588-591
Journal Field
General
Author Count
2
Added to Database
2026-01-24