Verifying payoff security in the mixed extension of discontinuous games

A-Tier
Journal: Journal of Economic Theory
Year: 2014
Volume: 152
Issue: C
Pages: 291-303

Authors (2)

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

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

Abstract

We introduce the concept of disjoint payoff matching which can be used to show that the mixed extension of a compact game is payoff secure. By putting minor structure on the discontinuities, we need only check payoffs at each strategy rather than in neighborhoods of each strategy profile, placing minimal restriction on the payoffs at points of discontinuity. The results are used to verify existence of equilibrium in a general model of Bertrand–Edgeworth oligopoly.

Technical Details

RePEc Handle
repec:eee:jetheo:v:152:y:2014:i:c:p:291-303
Journal Field
Theory
Author Count
2
Added to Database
2026-01-24