THE THEORY OF NORMAL-FORM GAMES FROM THE DIFFERENTIABLE VIEWPOINT

Authors
Citation
K. Ritzberger, THE THEORY OF NORMAL-FORM GAMES FROM THE DIFFERENTIABLE VIEWPOINT, International journal of game theory, 23(3), 1994, pp. 207-236
Citations number
41
Categorie Soggetti
Social Sciences, Mathematical Methods","Mathematical, Methods, Social Sciences
ISSN journal
00207276
Volume
23
Issue
3
Year of publication
1994
Pages
207 - 236
Database
ISI
SICI code
0020-7276(1994)23:3<207:TTONGF>2.0.ZU;2-6
Abstract
An alternative definition of regular equilibria is introduced and show n to have the same properties as those definitions already known from the literature. The system of equations used to define regular equilib ria induces a globally differentiable structure on the space of mixed strategies. Interpreting this structure as a vector field, called the Nash field, allows for a reproduction of a number of classical results from a differentiable viewpoint. Moreover, approximations of the Nash field can be used to suitably define indices of connected components of equilibria and to identify equilibrium components which are robust against small payoff perturbations.