Some refinements of Nash equilibria of large games (Q1329909)

Refinements of the Nash equilibrium such as perfect, proper and persistent equilibria for finite player games introduced by R. Selten (1975), R. B. Myerson (1978) and E. Kalai and D. Samet (1984) respectively are defined for large games (i.e. games with a continuum of players and finite actions. It is shown that every large game has a perfect and proper equilibrium. An example of a large game with a unique Nash equilibrium but no persistent equilibrium is given.