Affiliation:
1. Department of Economics, University of Konstanz, Box D-150. D-78457 Konstanz, Germany
Abstract
When the strategy set of a game is a continuum, its discretization may not conserve local properties even for arbitrarily fine strategy grids. This paper provides two technical lemmata which are useful to deal with these problems in particular contexts. Four applications are presented, regarding the discretization of Cournot and Bertrand oligopolies, a consumer optimization problem, and an insurance market.
Publisher
World Scientific Pub Co Pte Lt
Subject
Statistics, Probability and Uncertainty,Business and International Management,General Computer Science
Cited by
5 articles.
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