Strategic analysis of the competitive exercise of certain financial options (Q801784)

In this paper, the authors apply to the theory of options pricing results of \textit{D. Schmeidler} [J. Stat. Phys. 1973, 295-300 (1973)] on the existence of Cournot-Nash equilibria in nonatomic games. The authors also consider situations when ''one individual controls the exercise of all the claims but is constrained to exercise them in one block.''