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When Are Nash Equilibria Independent of the Distribution of Agents' Characteristics?

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Author Info
Ted Bergstrom (University of California, Santa Barbara)
Hal Varian (UC Berkeley)

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Abstract

We present examples of Nash equilibria that do not vary with the distribution of a parameter across agents and then offer a general theorem that characterizes this independence.

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File URL: http://repositories.cdlib.org/cgi/viewcontent.cgi?article=1117&context=ucsbecon
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Paper provided by Department of Economics, UC Santa Barbara in its series University of California at Santa Barbara, Economics Working Paper Series with number 1985B.

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Date of creation: 01 Oct 1985
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Handle: RePEc:cdl:ucsbec:1985b

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Keywords: Nash equilibrium; independence;

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