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:
Find related papers by JEL classification:
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- D43 - Microeconomics - - Market Structure and Pricing - - - Oligopoly and Other Forms of Market Imperfection
- L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
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- Morris, Stephen Morris & Takashi Ui, 2002.
"Best Response Equivalence,"
Cowles Foundation Discussion Papers
1377, Cowles Foundation for Research in Economics, Yale University.
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