Abstract
It has been an open conjecture in the theory of non-cooperative games that Nash equilibrium is universal for the collection of (non-empty) compact semi-algebraic sets, meaning that for every such set there is a game whose set of Nash equilibria is homeomorphic to the given set. In this paper we prove this conjecture. (C) 2019 Elsevier Inc. All rights reserved.
Original language | English |
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Pages (from-to) | 1-6 |
Number of pages | 6 |
Journal | Games and Economic Behavior |
Volume | 118 |
DOIs | |
Publication status | Published - Nov 2019 |
JEL classifications
- c72 - Noncooperative Games
- d44 - Auctions
Keywords
- Nash equilibrium
- Topology
- strategic form games
- UNIVERSALITY
- EVOLUTIONARY
- Strategic form games