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Cournot tatonnement and potentials

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  • Kukushkin, Nikolai S.

Abstract

We study what topological assumptions should be added to the acyclicity of individual best response improvements in order to ensure the existence of a (pure strategy) Nash equilibrium in a strategic game, as well as the possibility to reach a Nash equilibrium in the limit of a best response improvement path.

Suggested Citation

  • Kukushkin, Nikolai S., 2015. "Cournot tatonnement and potentials," Journal of Mathematical Economics, Elsevier, vol. 59(C), pages 117-127.
  • Handle: RePEc:eee:mateco:v:59:y:2015:i:c:p:117-127
    DOI: 10.1016/j.jmateco.2015.06.005
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    References listed on IDEAS

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    1. repec:ebl:ecbull:eb-18-00095 is not listed on IDEAS
    2. Bayer, Péter & Herings, P. Jean-Jacques & Peeters, Ronald & Thuijsman, Frank, 2017. "Adaptive Learning in Weighted Network Games," Research Memorandum 025, Maastricht University, Graduate School of Business and Economics (GSBE).
    3. Nikolai S. Kukushkin & Pierre von Mouche, 2018. "Cournot tatonnement and Nash equilibrium in binary status games," Economics Bulletin, AccessEcon, vol. 38(2), pages 1038-1044.

    More about this item

    Keywords

    Cournot tatonnement; Cournot potential; Game with structured utilities; Aggregative game;

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games

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