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Quasi-Transfer Continuity and Nash Equilibrium

Author

Listed:
  • Rabia Nessah

    (LEM - Lille économie management - UMR 9221 - UA - Université d'Artois - UCL - Université catholique de Lille - Université de Lille - CNRS - Centre National de la Recherche Scientifique)

  • Tarik Tazdait

Abstract

We introduce a new notion of continuity, called quasi-transfer continuity, and show that it is enough to guarantee the existence of Nash equilibria in compact, quasiconcave normal form games. This holds true in a large class of discontinuous games. We show that our result strictly generalizes the pure strategy existence theorem of Carmona [Carmona, G. [2009] An existence result for discontinuous games, J. Econ. Theory144, 1333–1340]. We also show that our result is neither implied by nor does it imply the existence theorems of Reny [Reny, J. P. [1999] On the existence of pure and mixed strategy Nash equilibria in discontinuous games, Econometrica67, 1029–1056] and Baye et al. [Baye, M. R., Tian, G. and Zhou, J. [1993] Characterizations of the existence of equilibria in games with discontinuous and nonquasiconcave payoffs, Rev. Econ. Studies60, 935–948].

Suggested Citation

  • Rabia Nessah & Tarik Tazdait, 2019. "Quasi-Transfer Continuity and Nash Equilibrium," Post-Print hal-02987150, HAL.
  • Handle: RePEc:hal:journl:hal-02987150
    DOI: 10.1142/S021919891950004X
    as

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    References listed on IDEAS

    as
    1. Carmona, Guilherme, 2009. "An existence result for discontinuous games," Journal of Economic Theory, Elsevier, vol. 144(3), pages 1333-1340, May.
    2. Michael R. Baye & Guoqiang Tian & Jianxin Zhou, 1993. "Characterizations of the Existence of Equilibria in Games with Discontinuous and Non-quasiconcave Payoffs," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 60(4), pages 935-948.
    3. Adib Bagh & Alejandro Jofre, 2006. "Reciprocal Upper Semicontinuity and Better Reply Secure Games: A Comment," Econometrica, Econometric Society, vol. 74(6), pages 1715-1721, November.
    4. Philip J. Reny, 1999. "On the Existence of Pure and Mixed Strategy Nash Equilibria in Discontinuous Games," Econometrica, Econometric Society, vol. 67(5), pages 1029-1056, September.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Nash equilibrium; discontinuity; quasi-transfer continuity;
    All these keywords.

    JEL classification:

    • C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General
    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games

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