Remarks on Nash equilibria for games with additively coupled payoffs (revision, previous title: An unusual Nash equilibrium result and its application to games with allocations in infinite dimensions)
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Publication date
1995-06-01
Authors
Balder, E.J.
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Preprint
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Abstract
If the payoffs of a game are affine, then they are additively coupled. In this situation both the Weierstrass theorem and the Bauer maximum principle can be used to produce existence results for a Nash equilibrium, since each player is faced with an individual, independent optimization problem. We consider two instances in the literature where these simple observations immediately lead to substantial generalizations.