Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
957202 | Journal of Economic Theory | 2013 | 28 Pages |
Abstract
We present a comprehensive theory of large games in which players have names and determinate social-types and/or biological traits, and identify through four decisive examples, essentially based on a matching-pennies type game, pathologies arising from the use of a Lebesgue interval for playerʼs names. In a sufficiently general context of traits and actions, we address this dissonance by showing a saturated probability space as being a necessary and sufficient name-space for the existence and upper hemi-continuity of pure-strategy Nash equilibria in large games with traits. We illustrate the idealized results by corresponding asymptotic results for an increasing sequence of finite games.
Related Topics
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Authors
M. Ali Khan, Kali P. Rath, Yeneng Sun, Haomiao Yu,