Slicing the Nash equilibrium manifold
This paper uses tools on the structure of the Nash equilibrium correspondence of strategic-form games to characterize a class of fixed-point correspondences, that is, correspondences assigning, for a given parametrized function, the fixed-points associated with each value of the parameter. After gen...
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Veröffentlicht in: | Journal of fixed point theory and applications 2023-12, Vol.25 (4), Article 85 |
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Format: | Artikel |
Sprache: | eng |
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Zusammenfassung: | This paper uses tools on the structure of the Nash equilibrium correspondence of strategic-form games to characterize a class of fixed-point correspondences, that is, correspondences assigning, for a given parametrized function, the fixed-points associated with each value of the parameter. After generalizing recent results from the game-theoretic literature, we deduce that every fixed-point correspondence associated with a semi-algebraic function is the projection of a Nash equilibrium correspondence, and hence its graph is a slice of a projection, as well as a projection of a slice, of a manifold that is homeomorphic, even isotopic, to a Euclidean space. As a result, we derive an illustrative proof of Browder’s theorem for fixed-point correspondences. |
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ISSN: | 1661-7738 1661-7746 |
DOI: | 10.1007/s11784-023-01088-2 |