Symmetric Approximate Equilibrium Distributions with Finite Support

Carmona, Guilherme

http://hdl.handle.net/10362/83489

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Autores

Carmona, Guilherme

Resumo(s)

We show that a distribution of a game with a continuum of players is an equilibrium distribution if and only if there exists a sequence of symmetric approximate equilibrium distributions of games with finite support that converges to it. Thus, although not all games have symmetric equilibrium distributions, this result shows that all equilibrium distributions can be characterized by symmetric distributions of simpler games (i.e., games with a finite number of characteristics).

URI

http://hdl.handle.net/10362/83489

Citação

Carmona, Guilherme, Symmetric Approximate Equilibrium Distributions with Finite Support (November, 2003). FEUNL Working Paper Series No. 441

Editora

Nova SBE

Coleções

NSBE - Working Paper Series

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