A short proof of Reny (1999)'s equilibrium existence theorem for payoff secure games is provided. At the heart of the proof lies the concept of a multivalued mapping with the local intersection property. By means of the Fan-Browder collective fixed-point theorem, we show an approximate equilibrium existence theorem which covers a number of known games. Reny's theorem follows from it straightforwardly.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Publisher Info
Paper provided by Kyiv School of Economics in its series Discussion Papers with number
12.
Length: Date of creation: Dec 2008 Date of revision: Handle: RePEc:kse:dpaper:12
Note: Under review in International Journal of Game Theory Contact details of provider: Postal: 13 Yakira Str, 04119 Kyiv Phone: (38-044)492-8012 Fax: (38-044)492-8011 Email: Web page: http://www.kse.org.ua/ More information through EDIRC
For technical questions regarding this item, or to correct its listing, contact: (Andriy Zapechelnyuk).
Find related papers by JEL classification: C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games
This paper has been announced in the following NEP Reports:
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.: