On the closed-graph property of the Nash equilibrium correspondence in a large game: A complete characterization

B-Tier
Journal: Games and Economic Behavior
Year: 2016
Volume: 99
Issue: C
Pages: 89-98

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

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

Abstract

We show that if every large game with a given player space and any given uncountable trait space (or action set) is a proper idealized limit, then the player space must be saturated. When the player space is allowed to be an arbitrary atomless probability space, even a non-saturated one such as the classical Lebesgue unit interval, we establish the following: (i) If a large game has a countable action set and a countable trait space, then the game has a closed Nash equilibrium correspondence, and is thus proper as an idealized limit; (ii) If every large game having a given action set and a given trait space is proper as an idealized limit, then both the action set and the trait space must be countable.

Technical Details

RePEc Handle
repec:eee:gamebe:v:99:y:2016:i:c:p:89-98
Journal Field
Theory
Author Count
3
Added to Database
2026-01-29