Slightly altruistic equilibria (Q946184)
From MaRDI portal
scientific article
Language | Label | Description | Also known as |
---|---|---|---|
English | Slightly altruistic equilibria |
scientific article |
Statements
Slightly altruistic equilibria (English)
0 references
22 September 2008
0 references
In a non cooperative game with payoff function \(f_i\) for each player \(i\), a Nash equilibrium \(s\) is said to be a \textit{slightly altruistic equilibrium} if there exists a sequence of strategy profiles \((s_n)_n\) converging to \(s\), and a sequence \((\varepsilon_n)_n\) decreasing to zero, such that for every \(n\): the profile \(s_n\) is a Nash equilibrium of the game where each player \(i\) has \(f_i +\varepsilon_n \sum_{j \neq i} f_j\) as payoff function. Existence of a slightly altruistic equilibrium is guaranteed in finite games with mixed strategies. Connections with other refinements, and with the friendliness property are studied. It is proved that an essential equilibrium of a finite game in mixed strategies is a slightly altruistic equilibrium.
0 references
Nash equilibrium
0 references
refinement
0 references
altruistic behavior
0 references
friendliness
0 references