A sufficient condition for invariance of essential components (Q1913572)

From MaRDI portal
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)
    0 references
    0 references
    0 references
    13 October 1996
    0 references
    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.
    0 references
    0 references
    local degree
    0 references
    projection map
    0 references
    Nash graph
    0 references
    redundant strategy
    0 references