Mixed equilibria are unstable in games of strategic complements (Q705846)

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scientific article; zbMATH DE number 2134316
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    Mixed equilibria are unstable in games of strategic complements
    scientific article; zbMATH DE number 2134316

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      Mixed equilibria are unstable in games of strategic complements (English)
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      16 February 2005
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      In this paper the authors show that properly mixed-strategy Nash equilibria (PMNE) are bad predictions in games of strict strategic complements and show that PMNE are unstable under a broad class of learning dynamics. See also the articles by \textit{D. M. Topkis} [SIAM J. Control Optimizat. 17, 773--787 (1979; Zbl 0433.90091)] and \textit{X. Vives} [J. Math. Econ. 19, No.3, 305--321 (1990; Zbl 0708.90094)] in this connection.
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      mixed strategy equilibria
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      game of strict strategic complementarities
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      unstable
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      weakly monotone
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