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International Journal of Game Theory
Article . 2008 . Peer-reviewed
License: Springer TDM
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Article . 2009
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https://doi.org/10.2139/ssrn.4...
Article . 2004 . Peer-reviewed
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Research . 2003
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On Equilibrium in Pure Strategies in Games with Many Players

On equilibrium in pure strategies in games with many players
Authors: Edward J. Cartwright; Myrna Wooders;

On Equilibrium in Pure Strategies in Games with Many Players

Abstract

Motivated by issues of imitation, learning and evolution, we introduce a framework of non-cooperative games, allowing both countable sets of pure actions and player types and player types and demonstrate that for all games with sufficiently many players, every mixed strategy Nash equilibrium can be used to construct a Nash-equilibrium in pure strategies that is "equivalent." Our framework introduces and exploits a distinction between crowding attributes of players (their external effects on others) and their taste attributes (their payoff functions and any other attributes that are not directly relevant to other players). The set of crowding attributes is assumed to be compact; this is not required, however, for taste attributes. We stress that for studying issues such as conformity, the case of a finite set of types and actions, while illuminating, cannot yield completely satisfactory results. Our main theorems are based on a new mathematical result, in the spirit of the Shapley-Folkman Theorem but applicable to a countable (not necessarily finite dimensional) strategy space.

Country
United States
Related Organizations
Keywords

Non-cooperative Games, purification, countable action set, Equilibrium, HB, \(n\)-person games, \(n>2\), countable strategy space, ex-post stability, Equilibrium, Pure Strategies, Non-cooperative Games, Noncooperative games, C72, large games, large game property, incomplete information, Economics of information, ddc:330, Nash-Gleichgewicht, semi-anonymity, Nichtkooperatives Spiel, Noncooperative games, incomplete information, purification, crowding attributes, large game property, countable action set, better reply security, Bayesian equilibrium, Shapley-Folkman theorem, Pure Strategies, JEL Classification Number: C72, crowding attributes, Theorie, better reply security, jel: jel:C72

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
11
Average
Top 10%
Average
Green
bronze