Symmetric Approximate Equilibrium Distributions with Finite Support
We show that a distribution of a game with a continuum of players is an equilibrium distribution if and only if there exists a sequence of symmetric approximate equilibrium distributions of games with fi- nite support that converges to it. Thus, although not all games have symmetric equilibrium distributions, this result shows that all equilibrium distributions can be characterized by symmetric distributions of simpler games (i.e., games with a finite number of characteristics).
|Date of creation:||2004|
|Date of revision:|
|Contact details of provider:|| Postal: Campus de Campolide, 1099-032 Lisboa|
Phone: (351) 21 3801638
Fax: (351) 21 3870933
Web page: http://www.fe.unl.pt
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Rath, Kali P. & Yeneng Sun & Shinji Yamashige, 1995. "The nonexistence of symmetric equilibria in anonymous games with compact action spaces," Journal of Mathematical Economics, Elsevier, vol. 24(4), pages 331-346.
- Carmona, Guilherme, 2004.
"Nash and Limit Equilibria of Games with a Continuum of Players,"
FEUNL Working Paper Series
wp442, Universidade Nova de Lisboa, Faculdade de Economia.
- Guilherme Carmona, 2003. "Nash and Limit Equilibria of Games with a Continuum of Players," Game Theory and Information 0311004, EconWPA.
- Green, Edward J, 1984.
"Continuum and Finite-Player Noncooperative Models of Competition,"
Econometric Society, vol. 52(4), pages 975-93, July.
- Green, Edward J., 1982. "Continuum and Finite-Player Noncooperative Models of Competition," Working Papers 418, California Institute of Technology, Division of the Humanities and Social Sciences.
When requesting a correction, please mention this item's handle: RePEc:unl:unlfep:wp441. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sean Story)
If references are entirely missing, you can add them using this form.