A note on the axiomatization of the Nash equilibrium correspondence


Autoria(s): Forgó, Ferenc
Data(s)

2015

Resumo

A new axiomatization of the Nash equilibrium correspondence for n-person games based on independence of irrelevant strategies is given. Using a flexible general model, it is proved that the Nash equilibrium correspondence is the only solution to satisfy the axioms of non-emptiness, weak one-person rationality, independence of irrelevant strategies and converse independence of irrelevant strategies on the class of subgames of a fixed finite n-person game which admit at least one Nash equilibrium. It is also shown that these axioms are logically independent.

Formato

application/pdf

Identificador

http://unipub.lib.uni-corvinus.hu/2186/1/MathPannonica_2015.pdf

Forgó, Ferenc (2015) A note on the axiomatization of the Nash equilibrium correspondence. Mathematica Pannonica, 25 (1). pp. 147-155. ISSN 0865-2090

Publicador

Editorial Board of Mathematica Pannonica

Relação

http://unipub.lib.uni-corvinus.hu/2186/

Palavras-Chave #Mathematics, Econometrics
Tipo

Article

PeerReviewed