GLOBAL STABILITY OF NASH EQUILIBRIUM IN AGGREGATIVE GAMES

Author:

OKUGUCHI KOJI1,YAMAZAKI TAKESHI2

Affiliation:

1. Tokyo Metropolitan University, 1-1 Minami-Ohsawa, Hachioji-shi 192-0397, Japan

2. Department of Economics, Niigata University, 8050 Ikarashi 2-no-cho, Nishi-ku, Niigata-shi 950-2181, Japan

Abstract

If an aggregative game satisfies the generalized Hahn conditions, then there exists a unique Nash equilibrium which may not be interior and is globally asymptotically stable under two alternative continuous adjustment processes with non-negativity constraints.

Publisher

World Scientific Pub Co Pte Lt

Subject

Statistics, Probability and Uncertainty,Business and International Management,General Computer Science

Cited by 4 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

1. Equilibrium uniqueness in aggregative games: very practical conditions;Optimization Letters;2021-07-20

2. Aggregative games;SERIEs;2021-03

3. Existence of Unique Equilibrium in Cournot Mixed Oligopoly;International Game Theory Review;2018-09

4. On the Works of Professor Koji Okuguchi;Equilibrium Theory for Cournot Oligopolies and Related Games;2016

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