REPRESENTATION OF FINITE ACTION LARGE GAMES

Authors
Citation
Kp. Rath, REPRESENTATION OF FINITE ACTION LARGE GAMES, International journal of game theory, 24(1), 1995, pp. 23-35
Citations number
11
Categorie Soggetti
Social Sciences, Mathematical Methods","Mathematical, Methods, Social Sciences
ISSN journal
00207276
Volume
24
Issue
1
Year of publication
1995
Pages
23 - 35
Database
ISI
SICI code
0020-7276(1995)24:1<23:ROFALG>2.0.ZU;2-W
Abstract
A large game can be formalized as a probability distribution on the se t of players' characteristics or as a function from a measure space of players to the set of players' characteristics. Given a game as a pro bability distribution on the set of players' characteristics, a repres entation of that game is a function from a set of players to the set o f players' characteristics which induces the same distribution. It. is shown that if the playoffs are continuous and there are only finite n umber of actions, then the set of Nash equilibria of any representatio n of a game induces essentially all the Cournot-Nash equilibrium distr ibutions of the given game.