Asymptotic interpretations for equilibria of nonatomic games (Q2427850)
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English | Asymptotic interpretations for equilibria of nonatomic games |
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Asymptotic interpretations for equilibria of nonatomic games (English)
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18 April 2012
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The article considers a semi-anonymous non-atomic game, i.e., a non-atomic game in which the payoff of a player depends on the types and actions of other players only through their type-action distribution. Under suitable technical hypotheses, it is shown that for a mixed equilibrium of this game, there exists a randomly generated sequence of finite games for which it is an asymptotic equilibrium in the sense that it is the limit of a sequence of approximate pure equilibria of these finite games. A converse statement shows that the latter is not possible for a non-equilibrium. The results are specialized further to anonymous games wherein the payoffs depend only on the distribution of other players' actions, and associated pure equilibria.
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non-atomic games
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mixed strategy equilibria
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pure equilibria
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asymptotic equilibria, semi-anonymous games
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anonymous games
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