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(∊,k) EQUILIBRIA AND WELL-POSEDNESS

  • MARCO MARGIOCCO

    ()

    (Dipartimento di Matematica, Università di Genova, Via Dodecaneso 35, 16146 Genova, Italy)

  • LUCIA PUSILLO

    ()

    (Dipartimento di Matematica, Università di Genova, Via Dodecaneso 35, 16146 Genova, Italy)

Registered author(s):

    The aim of this paper is to discuss a new concept of well-posedness for non cooperative games. Starting from the definition of (∊,k) equilibrium as the point where every player either guarantees at least k or he (she) does not lose more than ∊, we introduce an original definition of well-posedness. We study characterizations of this well-posedness and its relations with the more known Tikhonov well-posedness. We prove that this well-posedness is an ordinal property if the payoff functions are bounded from below.

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    Article provided by World Scientific Publishing Co. Pte. Ltd. in its journal International Game Theory Review.

    Volume (Year): 08 (2006)
    Issue (Month): 01 ()
    Pages: 33-44

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    Handle: RePEc:wsi:igtrxx:v:08:y:2006:i:01:p:33-44
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