A sufficient condition for invariance of essential components (Q1913572): Difference between revisions
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Revision as of 11:13, 24 May 2024
scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | A sufficient condition for invariance of essential components |
scientific article |
Statements
A sufficient condition for invariance of essential components (English)
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13 October 1996
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It is shown that a component of the Nash equilibria of a finite game for which the local degree of the projection map from the Nash graph into the space of games has nonzero degree retains this property when a redundant strategy is added; e.g., when a mixed strategy is treated as a pure strategy. A subsequent working paper shows that the local degree is itself invariant to the addition of redundant strategies and coincides with the fixed-point index of the component.
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local degree
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projection map
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Nash graph
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redundant strategy
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