Logit Equilibrium as an Approximation of Nash Equilibrium

DOI10.1016/J.ORL.2020.03.011MaRDI QIDQ6331211arXivFDO

Authors Eilon Solan, Omri Nisan Solan

Publication date 13 December 2019

Published in arXiv

Full work available at URL https://doi.org/10.1016/J.ORL.2020.03.011

Mathematics Subject Classification ID

Games involving topology, set theory, or logic (91A44) Fundamental topics (basic mathematics, methodology; applicable to economics in general) (91B02)

arXiv classification

math.OC

Abstract: We prove that the graph of the logit equilibrium correspondence is a smooth manifold, which uniformly approximates the graph of the Nash equilibrium manifold.

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