Mixed Equilibria in Games of Strategic Complements Are Unstable
Abstract
In games with strict strategic complementarities, properly mixed Nash equilibria--equilibria that are not in pure strategies--are unstable for a broad class of learning dynamics.Download Info
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Paper provided by EconWPA in its series Game Theory and Information with number 0303003.Length: 24 pages
Date of creation: 19 Mar 2003
Date of revision:
Handle: RePEc:wpa:wuwpga:0303003
Note: 24 pages, Acrobat .pdf
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Related research
Keywords:Other versions of this item:
- Echenique, Federico & Edlin, Aaron, 2002. "Mixed Equilibria in Games of Strategic Complements Are Unstable," Department of Economics, Working Paper Series qt1gr638d8, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Echenique, Federico & Edlin, Aaron S., 2002. "Mixed Equilibria in Games of Strategic Complements Are Unstable," Competition Policy Center, Working Paper Series qt2b85c93d, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.
- Federico Echenique & Aaron Edlin, 2001. "Mixed Equilibria in Games of Strategic Complements are Unstable," Levine's Working Paper Archive 563824000000000161, David K. Levine.
- Echenique, Federico & Edlin, Aaron S., 2002. "Mixed Equilibria in Games of Strategic Complements Are Unstable," Department of Economics, Working Paper Series qt26r9r912, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- 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:
- NEP-ALL-2003-03-25 (All new papers)
- NEP-GTH-2003-03-25 (Game Theory)
- NEP-IND-2003-03-25 (Industrial Organization)
References
References listed on IDEASPlease 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.:
- Drew Fudenberg & David Kreps, 2010.
"Learning Mixed Equilibria,"
Levine's Working Paper Archive
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Rabah Amir & Filomena Garcia & Malgorzata Knauff, 2006.
"Endogenous Heterogeneity in Strategic Models: Symmetry-breaking via Strategic Substitutes and Nonconcavities,"
Working Papers
2006/29, Department of Economics at the School of Economics and Management (ISEG), Technical University of Lisbon..
- AMIR, Rabah & GARCIA, Filomena & KNAUFF, Malgorzata, 2006. "Endogenous heterogeneity in strategic models: symmetry-breaking via strategic substitutes and nonconcavities," CORE Discussion Papers 2006008, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Echenique, Federico, 2002.
"A Characterization of Strategic Complementarities,"
Working Papers
1142, California Institute of Technology, Division of the Humanities and Social Sciences.
- Echenique, Federico, 2004. "A characterization of strategic complementarities," Games and Economic Behavior, Elsevier, vol. 46(2), pages 325-347, February.
- Echenique, Federico, 2001. "A Characterization of Strategic Complementarities," Department of Economics, Working Paper Series qt5w13s4z2, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Federico Echenique, 2001. "A characterization of strategic complementarities," Documentos de Trabajo (working papers) 0501, Department of Economics - dECON.
- Federico Echenique., 2001. "A Characterization of Strategic Complementarities," Economics Working Papers E01-299, University of California at Berkeley.
- Federico Echenique, 2001. "A Characterization of Strategic Complementarities," GE, Growth, Math methods 0103001, EconWPA.
- Hofbauer, Josef & Hopkins, Ed, 2005.
"Learning in perturbed asymmetric games,"
Games and Economic Behavior,
Elsevier, vol. 52(1), pages 133-152, July.
- Josef Hofbauer & Ed Hopkins, 2004. "Learning in Perturbed Asymmetric Games," ESE Discussion Papers 53, Edinburgh School of Economics, University of Edinburgh.
- Amir, Rabah & Halmenschlager, Christine & Jin, Jim, 2011.
"R&D-induced industry polarization and shake-outs,"
International Journal of Industrial Organization,
Elsevier, vol. 29(4), pages 386-398, July.
- Amir R. & Halmenschlager C., 2008. "R&D-Induced Industry Polarization and Shakeouts," Working Papers ERMES 0802, ERMES, University Paris 2.
- AMIR, Rabah, 2003.
"Supermodularity and complementarity in ecnomics: an elementary survey,"
CORE Discussion Papers
2003104, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Rabah Amir, 2005. "Supermodularity and Complementarity in Economics: An Elementary Survey," Southern Economic Journal, Southern Economic Association, vol. 71(3), pages 636-660, January.
- Echenique, Federico & Edlin, Aaron S., 2004.
"Mixed equilibria are unstable in games of strategic complements,"
Berkeley Olin Program in Law & Economics, Working Paper Series
qt1ht651hk, Berkeley Olin Program in Law & Economics.
- Echenique, Federico & Edlin, Aaron, 2004. "Mixed equilibria are unstable in games of strategic complements," Journal of Economic Theory, Elsevier, vol. 118(1), pages 61-79, September.
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