The construction of a countable system of coalition-free equilibrium notions

MaRDI QIDQ1395308zbMATH OpenFDO

Authors È. R. Smol'yakov

Publication date 1 July 2003

Published in Computational Mathematics and Mathematical Physics (Search for Journal in Brave)

zbMATH Keywords

countable systemequilibriumiterative procedurenoncooperative gamespayoff functionplayers

Mathematics Subject Classification ID

Real-analytic and Nash manifolds (58A07) Special types of economic equilibria (91B52)

Review text

The author shows that a countable system of hierarchically related different equilibrium notions can be constructed on the basis of three types of noncooperative equilibria. Then, at least one equilibrium from this system exists for any game, and the strongest of the existing equilibria can always be found.

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