On the Purification of Nash Equilibria of Large Games
We consider Salim Rashids asymptotic version of David Schmeidlers 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 Rashids 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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- Khan, M. Ali & Rath, Kali P. & Sun, Yeneng, 1997.
"On the Existence of Pure Strategy Equilibria in Games with a Continuum of Players,"
Journal of Economic Theory,
Elsevier, vol. 76(1), pages 13-46, September.
- 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.
- Rashid, Salim, 1983. "Equilibrium points of non-atomic games : Asymptotic results," Economics Letters, Elsevier, vol. 12(1), pages 7-10. Full references (including those not matched with items on IDEAS)