Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
957602 | Journal of Economic Theory | 2010 | 11 Pages |
Abstract
A Nash equilibrium x of a normal-form game G is essential if any perturbation of G has an equilibrium close to x. Using payoff perturbations, we show that for games that are generic in the set of compact, quasiconcave, and generalized payoff secure games with upper semicontinuous sum of payoffs, all equilibria are essential. Some variants of this result are also established.
Keywords
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Social Sciences and Humanities
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Economics and Econometrics
Authors
Oriol Carbonell-Nicolau,