IDEAS home Printed from https://ideas.repec.org/h/wsi/wschap/9789814390668_0007.html
   My bibliography  Save this book chapter

Games With a Continuum of Players

In: Existence and Stability of Nash Equilibrium

Author

Listed:
  • Guilherme Carmona

    (University of Cambridge, UK and Universidade Nova de Lisboa, Portugal)

Abstract

Many economic situations feature a large number of participants. For example, several markets have a large number of buyers and sellers; also, driving in a big city involves the coordination of a large number of drivers. A useful abstraction when formalizing such situations using a normal-form game is to assume that there is a continuum of players. Such an assumption is similar in spirit to standard assumption in economics that prices and quantities can vary continuously and, like those assumptions, is made to make the analysis simpler. This is so partly because, in games with a continuum of players, the impact of each individual on the distribution of actions is negligible, which is also an appropriate property to have when studying interactions between a large number of players…

Suggested Citation

  • Guilherme Carmona, 2013. "Games With a Continuum of Players," World Scientific Book Chapters, in: Existence and Stability of Nash Equilibrium, chapter 7, pages 113-126, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789814390668_0007
    as

    Download full text from publisher

    File URL: https://www.worldscientific.com/doi/pdf/10.1142/9789814390668_0007
    Download Restriction: Ebook Access is available upon purchase.
    File URL: https://www.worldscientific.com/doi/abs/10.1142/9789814390668_0007
    Download Restriction: Ebook Access is available upon purchase.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:wschap:9789814390668_0007. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscientific.com/page/worldscibooks .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.