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On Knots and Dynamics in Games

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Author Info
DeMichelis, S.
Germano, F.

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Abstract

We extend Kohlberg and Mertens' (1986) structure theorem concerning the Nash equilibrium correspondence to show that its graph is not only homomorphic to the underlying space of games but that it is also unknotted. This is then shown to have some basic consequences for dynamics whose rest points are Nash equilibria.

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Publisher Info
Paper provided by Tel Aviv in its series Papers with number 2-2000.

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Length: 13 pages
Date of creation: 2000
Date of revision:
Handle: RePEc:fth:teavfo:2-2000

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Postal: Israel TEL-AVIV UNIVERSITY, THE FOERDER INSTITUTE FOR ECONOMIC RESEARCH, RAMAT AVIV 69 978 TEL AVIV ISRAEL.
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Related research
Keywords: GAME THEORY ; ECONOMIC EQUILIBRIUM;

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Find related papers by JEL classification:
C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Benaim, Michel & Hirsch, Morris W., 1999. "Mixed Equilibria and Dynamical Systems Arising from Fictitious Play in Perturbed Games," Games and Economic Behavior, Elsevier, vol. 29(1-2), pages 36-72, October. [Downloadable!] (restricted)
  2. Robert Wilson & Srihari Govindan, 1997. "Uniqueness of the index for Nash equilibria of two-player games," Economic Theory, Springer, vol. 10(3), pages 541-549. [Downloadable!] (restricted)
  3. Ritzberger, Klaus & Weibull, Jorgen W, 1995. "Evolutionary Selection in Normal-Form Games," Econometrica, Econometric Society, vol. 63(6), pages 1371-99, November. [Downloadable!] (restricted)
  4. Fudenberg Drew & Kreps David M., 1993. "Learning Mixed Equilibria," Games and Economic Behavior, Elsevier, vol. 5(3), pages 320-367, July. [Downloadable!] (restricted)
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  5. Ritzberger, Klaus, 1994. "The Theory of Normal Form Games form the Differentiable Viewpoint," International Journal of Game Theory, Springer, vol. 23(3), pages 207-36.
  6. Oechssler, Jorg, 1997. "An Evolutionary Interpretation of Mixed-Strategy Equilibria," Games and Economic Behavior, Elsevier, vol. 21(1-2), pages 203-237, October. [Downloadable!] (restricted)
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  7. Kohlberg, Elon & Mertens, Jean-Francois, 1986. "On the Strategic Stability of Equilibria," Econometrica, Econometric Society, vol. 54(5), pages 1003-37, September. [Downloadable!] (restricted)
  8. Samuelson, Larry & Zhang, Jianbo, 1992. "Evolutionary stability in asymmetric games," Journal of Economic Theory, Elsevier, vol. 57(2), pages 363-391, August. [Downloadable!] (restricted)
  9. Hopkins, Ed, 1999. "A Note on Best Response Dynamics," Games and Economic Behavior, Elsevier, vol. 29(1-2), pages 138-150, October. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. DE MICHELIS, Stefano & GERMANO, Fabrizio, 2000. "On the indices of zeros of nash fields," CORE Discussion Papers 2000017, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE). [Downloadable!]
    Other versions:
  2. DEMICHELIS, Stefano & RITZBERGER, Klaus, 2000. "From evolutionary to strategic stability," CORE Discussion Papers 2000059, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE). [Downloadable!]
    Other versions:
  3. DE MICHELIS, Stefano, 2000. "On the index and asymptotic stability of dynamics," CORE Discussion Papers 2000018, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE). [Downloadable!]
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