Approximation and characterization of Nash equilibria of large games

B-Tier
Journal: Economic Theory
Year: 2022
Volume: 73
Issue: 2
Pages: 679-694

Authors (2)

Guilherme Carmona (University of Surrey) Konrad Podczeck (not in RePEc)

Score contribution per author:

1.009 = (α=2.02 / 2 authors) × 1.0x B-tier

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

Abstract

Abstract We characterize Nash equilibria of games with a continuum of players in terms of approximate equilibria of large finite games. This characterization precisely describes the relationship between the equilibrium sets of the two classes of games. In particular, it yields several approximation results for Nash equilibria of games with a continuum of players, which roughly state that all finite-player games that are sufficiently close to a given game with a continuum of players have approximate equilibria that are close to a given Nash equilibrium of the non-atomic game.

Technical Details

RePEc Handle
repec:spr:joecth:v:73:y:2022:i:2:d:10.1007_s00199-020-01314-9
Journal Field
Theory
Author Count
2
Added to Database
2026-01-25