Potential games with continuous player sets

Authors
Citation
Wh. Sandholm, Potential games with continuous player sets, J ECON THEO, 97(1), 2001, pp. 81-108
Citations number
35
Categorie Soggetti
Economics
Journal title
JOURNAL OF ECONOMIC THEORY
ISSN journal
00220531 → ACNP
Volume
97
Issue
1
Year of publication
2001
Pages
81 - 108
Database
ISI
SICI code
0022-0531(200103)97:1<81:PGWCPS>2.0.ZU;2-C
Abstract
We study potential games with continuous player jets, a class of games char acterized by an externality symmetry condition. Examples of these games inc lude random matching games with common payoffs and congestion games. We off er a simple description of equilibria which are locally stable under a broa d class of evolutionary dynamics, and prove that behavior converges to Nash equilibrium from all initial conditions. We consider a subclass of potenti al games in which evolution leads to efficient play, Finally, we show that the games studied here are the limits of convergent sequences of the finite player potential games studied by Monderer and Shapiey [22]. (C) 2001 Acad emic Press.