A Bound of the Proportion of Pure Strategy Equilibria in Generic Games
AbstractIn a generic finite normal form game with 2(alpha) + 1 Nash equilibria, at least alpha of the equilibria are nondegenerate mixed strategy equilibria (that is, they involve randomization by some players).
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Bibliographic InfoPaper provided by Cowles Foundation for Research in Economics, Yale University in its series Cowles Foundation Discussion Papers with number 981.
Length: 12 pages
Date of creation: May 1991
Date of revision:
Publication status: Published in Mathematics of Operations Research (August 1993), 18(3): 548-552
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Find related papers by JEL classification:
- C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General
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- Kehoe, Timothy J., 1982. "Regular production economies," Journal of Mathematical Economics, Elsevier, vol. 10(2-3), pages 147-176, September.
- Kehoe, Timothy J, 1980.
"An Index Theorem for General Equilibrium Models with Production,"
Econometric Society, vol. 48(5), pages 1211-32, July.
- Timothy J. Kehoe, 1979. "An Index Theorem for General Equilibrium Models with Production," Cowles Foundation Discussion Papers 516, Cowles Foundation for Research in Economics, Yale University.
- Kehoe, Timothy J, 1983. "Regularity and Index Theory for Economies with Smooth Production Technologies," Econometrica, Econometric Society, vol. 51(4), pages 895-917, July.
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