Perfect and proper equilibria in large games

被引:2
作者
Sun, Xiang [1 ,2 ]
Zeng, Yishu [3 ]
机构
[1] Wuhan Univ, Econ & Management Sch, 299 Bayi Rd, Wuhan 430072, Peoples R China
[2] Wuhan Univ, Ctr Behav & Expt Res, 299 Bayi Rd, Wuhan 430072, Peoples R China
[3] Univ Michigan, Dept Econ, 238 Larch Hall,611 Tappan Ave, Ann Arbor, MI 48109 USA
关键词
Condition of nowhere equivalence; Large game; Limit admissibility; Perfect equilibrium; Proper equilibrium; INCENTIVE COMPATIBILITY; PRIVATE INFORMATION; EXISTENCE; CORE; REFINEMENTS;
D O I
10.1016/j.geb.2019.11.005
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper studies pure strategy perfect and proper equilibria for games with non-atomic measure spaces of players and infinitely many actions. A richness condition (nowhere equivalence) on the measure space of players is shown to be both necessary and sufficient for the existence of such equilibria. The limit admissibility of perfect and proper equilibria is also proved. (C) 2019 Elsevier Inc. All rights reserved.
引用
收藏
页码:288 / 308
页数:21
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