Journal article

The Single Deviation Property In Games With Discontinuous Payoffs

Year:

2012

Published in:

Economic Theory
Better-reply secure game
Discontinuous game
Single deviation property
Majorized correspondence
Qualitative game

We study equilibrium existence in normal form games in which it is possible to associate with each nonequilibrium point an open neighborhood, a set of players, and a collection of deviation strategies, such that at any nonequilibrium point of the neighborhood, a player from the set can increase her payoff by switching to the deviation strategy designated for her. An equilibrium existence theorem for compact, quasiconcave games with two players is established as an application of a general equilibrium existence result for qualitative games. A new form of the better-reply security condition, called the strong single deviation property, is proposed.

Other publications by

16 publications found

2003
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Subgame Perfect Correlated Equilibria in Repeated Games

Publisher: University of Michigan

Authors: Pavlo Prokopovych, Lones Smith

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2017
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On Strategic Complementarities In Discontinuous Games With Totally Ordered Strategies

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On Monotone Approximate And Exact Equilibria Of An Asymmetric First‑Price Auction With Affiliated Private Information

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On Nondegenerate Equilibria Of Double Auctions With Several Buyers And A Price Floor

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Authors: Pavlo Prokopovych, Nicholas C. Yannelis