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On the purification of Nash equilibria of large games

  • Carmona, Guilherme

We consider Salim Rashid's asymptotic version of David Schmeidler's theorem on the purification of Nash equilibria. We show that, in contrast to what is stated, players' payoff functions have to be selected from an equicontinuous family in order for Rashid's theorem to hold. That is, a bound on the diversity of payoffs is needed in order for such asymptotic result to be valid.

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File URL: http://www.sciencedirect.com/science/article/B6V84-4CX7066-2/2/742e602b57972f214cf83cd368643aa7
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Article provided by Elsevier in its journal Economics Letters.

Volume (Year): 85 (2004)
Issue (Month): 2 (November)
Pages: 215-219

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Handle: RePEc:eee:ecolet:v:85:y:2004:i:2:p:215-219
Contact details of provider: Web page: http://www.elsevier.com/locate/ecolet

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  1. Rashid, Salim, 1983. "Equilibrium points of non-atomic games : Asymptotic results," Economics Letters, Elsevier, vol. 12(1), pages 7-10.
  2. M Ali Khan & Kali P Rath & Yeneng Sun, 1994. "On the Existence of Pure Strategy Equilibria in Games with a Continuum of Players," Economics Working Paper Archive 381, The Johns Hopkins University,Department of Economics, revised Feb 1997.
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