Strategic Substitutes and Potential Games
AbstractWe show that games of strategic substitutes (or complements) with aggregation are "pseudo-potential" games, and therefore possess Nash equilibria in pure strategies. Our notion of aggregation is quite general and enables us to take a unified view of several disparate models.
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Bibliographic InfoPaper provided by Stony Brook University, Department of Economics in its series Department of Economics Working Papers with number 02-02.
Length: 18 pages
Date of creation: 2002
Date of revision:
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- L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
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- Morris, Stephen & Ui, Takashi, 2004.
"Best response equivalence,"
Games and Economic Behavior,
Elsevier, vol. 49(2), pages 260-287, November.
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