Limit Games and Limit Equilibria
We provide a necessary and sufficient condition for equilibria of a game to arise as limits of Îµ-equilibria of games with smaller strategy spaces. As the smaller games are frequently more tractable, our result facilitates the characterization of the set of equilibria.
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References listed on IDEAS
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- Radner, Roy, 1980. "Collusive behavior in noncooperative epsilon-equilibria of oligopolies with long but finite lives," Journal of Economic Theory, Elsevier, vol. 22(2), pages 136-154, April.
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- Leo K. Simon, 1987. "Games with Discontinuous Payoffs," Review of Economic Studies, Oxford University Press, vol. 54(4), pages 569-597.
- Walker, Mark, 1979. "A Generalization of the Maximum Theorem," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 20(1), pages 267-272, February. Full references (including those not matched with items on IDEAS)
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