Abstract
We consider Nash equilibria of large anonymous games (i.e., each player's payoff depends on his choice and the distribution of the choices made by others). We show that pure strategy Nash equilibria exist in all sufficiently large finite-player games with finite action spaces and for generic distributions of players' payoff functions. We also show that equilibrium distributions of non-atomic games are asymptotically implementable in terms of Nash equilibria of large finite-player games. Extensions of these results to games with general compact metric action spaces are provided.
| Original language | English |
|---|---|
| Article number | 105015 |
| Number of pages | 35 |
| Journal | Journal of Economic Theory |
| Volume | 187 |
| DOIs | |
| Publication status | Published - May 2020 |
Austrian Fields of Science 2012
- 502047 Economic theory
Keywords
- Asymptotic implementation
- CONTINUITY
- Generic property
- Large games
- NONCOOPERATIVE GAMES
- Nash equilibrium
- PURIFICATION
- Pure strategy
- SPACE
- THEOREM
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