JSTOR Daily

A Direct Proof of the Existence of Pure Strategy Equilibria in Games with a Continuum of Players

In this note we provide a direct and simple proof of the existence of pure strategy Nash equilibria in large finite action games when the payoffs depend on own action and the average response of ...
Investopedia

Comparing a Dominant Strategy Solution vs. Nash Equilibrium Solution

Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Robert Kelly is managing director of XTS Energy LLC, ...
Investopedia

Nash Equilibrium: How It Works in Game Theory, Examples, Plus Prisoner’s Dilemma

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Nash equilibrium is a game theory state where a change in one participant's ...
Nature

Equilibrium Analysis in Large Games and Commodity Spaces

The study of equilibrium analysis in large games and commodity spaces lies at the heart of modern economic theory, where the interplay between individual strategic behaviour and aggregate market ...
JSTOR Daily

Majorized correspondences and equilibrium existence in discontinuous games

This paper is aimed at widening the scope of applications of majorized correspondences. A new class of majorized correspondences—domain 𝓤-majorized correspondences—is introduced. For them, a maximal ...