On the Tikhonov well-posedness of concave games and Cournot oligopoly games (Q5959914)
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scientific article; zbMATH DE number 1727025
Language | Label | Description | Also known as |
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English | On the Tikhonov well-posedness of concave games and Cournot oligopoly games |
scientific article; zbMATH DE number 1727025 |
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On the Tikhonov well-posedness of concave games and Cournot oligopoly games (English)
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11 April 2002
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The authors study a very essential problem concerning \(n\)-person noncooperative games. They analyse, under what assumption the game is Tikhonov well-posed (T-wp), that is, when the game has a Nash equilibrium (NE) satisfying the two conditions: (1) NE is unique, and (2) NE is a limit of every sequence of \(\varepsilon\)-Nash equilibria as \(\varepsilon \rightarrow 0\). Several sufficient conditions for games to have the T-wp property are given. Also one can find many interesting examples. The obtained results are applied to show that a Carnot oligopoly game has the T-wp property.
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well posedness
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Nash equilibrium
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noncooperative games
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concave games
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Carnot oligopoly games
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