The sequence method for finding solutions to infinite games: A first demonstrating example

DOI10.1007/BF00938764MaRDI QIDQ795757zbMATH OpenOpenAlexFDO

Authors Yuval Shilony

Publication date 1985

Published in Journal of Optimization Theory and Applications (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/bf00938764

zbMATH Keywords

computational procedurediscontinuous payoff functionsdiscrete approximationexistence of solutionsnoncooperative infinite gamesequence of discrete gamestwo-person game on the unit square

Mathematics Subject Classification ID

2-person games (91A05) Games with infinitely many players (91A07)

Review text

A noncooperative infinite game can be approached by a sequence of discrete games. For each game in the sequence, a Nash solution can be found as well as their limit. This idea and procedure was used before as a theoretical device to prove existence of solutions to games with continuous payoffs and recently even for a class of games with discontinuous ones [see \textit{P. Dasgupta} and \textit{E. Maskin}, The existence of equilibrium in discontinuous economic games, I: Theory, ICERD Discussion Paper, London (1982)]. No one, however, used the method for the actual solution of a game. Here, an example demonstrates the methods' usefulness in finding a solution to a two-person game on the unit square with discontinuous payoff functions.

Recommendations

• Strategic approximations of discontinuous games
• Infinite Player Noncooperative Games and the Continuity of the Nash Equilibrium Correspondence
• Finite approximation of continuous noncooperative two-person games on a product of linear strategy functional spaces
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• scientific article; zbMATH DE number 702128

Cites work

• Mixed pricing in oligopoly

Cited in

(3)

• Crowding games are sequentially solvable
• Finite approximation of continuous noncooperative two-person games on a product of linear strategy functional spaces
• scientific article; zbMATH DE number 515527 (Why is no real title available?)

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