On the core of normal form games with a continuum of players

被引:20
作者
Askoura, Y. [1 ]
机构
[1] Univ Paris II, LEMMA, Pantheon Assas, 4 Rue Blaise Desgoffe, F-75006 Paris, France
关键词
ALPHA-CORE; NONCONVEX PREFERENCES; EQUILIBRIUM POINTS; APPROXIMATE CORES; NASH EQUILIBRIA; NONATOMIC GAMES; BANACH-SPACE; EXISTENCE; NONEMPTINESS; MARKETS;
D O I
10.1016/j.mathsocsci.2017.06.001
中图分类号
F [经济];
学科分类号
02 ;
摘要
We study the core of normal form games with a continuum of players and without side payments. We consider the weak-core concept, which is an approximation of the core, introduced by Weber, Shapley and Shubik. For payoffs depending on the players' strategy profile, we prove that the weak-core is nonempty. The existence result establishes a weak-core element as a limit of elements in a-cores of appropriate finite games. We establish by examples that our regularity hypotheses are relevant in the continuum case and the weak-core can be strictly larger than the Aumann's a-core. For games where payoffs depend on the distribution of players' strategy profile, we prove that analogous regularity conditions ensuring the existence of pure strategy Nash equilibria are irrelevant for the non-vacuity of the weak-core. (C) 2017 Elsevier B.V. All rights reserved.
引用
收藏
页码:32 / 42
页数:11
相关论文
共 45 条
[1]  
Ali Khan M., 2002, Handbook of Game Theory, V3, P1761
[2]  
Aliprantis CD., 2006, INFINITE DIMENSIONAL
[3]   STRONG CORE THEOREMS WITH NONCONVEX PREFERENCES [J].
ANDERSON, RM .
ECONOMETRICA, 1985, 53 (06) :1283-1294
[4]  
[Anonymous], 1971, LOCALLY CONVEX TOPOL
[5]   An interim core for normal form games and exchange economies with incomplete information [J].
Askoura, Y. .
JOURNAL OF MATHEMATICAL ECONOMICS, 2015, 58 :38-45
[6]   The ex ante α-core for normal form games with uncertainty [J].
Askoura, Y. ;
Sbihi, M. ;
Tikobaini, H. .
JOURNAL OF MATHEMATICAL ECONOMICS, 2013, 49 (02) :157-162
[7]   The weak-core of a game in normal form with a continuum of players [J].
Askoura, Y. .
JOURNAL OF MATHEMATICAL ECONOMICS, 2011, 47 (01) :43-47
[8]  
Aumann R.J., 1961, Trans. Amer. Math. Soc., V98, P539, DOI 10.1090/S0002-9947-1961-0127437-2
[9]   EXISTENCE OF COMPETITIVE EQUILIBRIA IN MARKETS WITH A CONTINUUM OF TRADERS [J].
AUMANN, RJ .
ECONOMETRICA, 1966, 34 (01) :1-&
[10]   MARKETS WITH A CONTINUUM OF TRADERS [J].
AUMANN, RJ .
ECONOMETRICA, 1964, 32 (1-2) :39-50