This paper proves a result about sustainable equilibria and uses it to provide a refinement as well. Our result concerns the Hofbauer-Myerson conjecture about ...
May 28, 2020 · This paper proves two results about sustainable equilibria. The first concerns the Hofbauer-Myerson conjecture about the relationship between ...
An equilibrium of a game is sustainable if it has an equivalent pair where the equilibrium is unique. An implicit assumption in the definition of sustainable ...
This paper proves a result about sustainable equilibria and uses it to provide a refinement as well. Our result concerns the Hofbauer-Myerson conjecture about ...
Jul 13, 2020 · This paper shows that the conjecture is true for all finite games. More precisely, we prove that an isolated equilibrium of a given game has ...
▻ Every generic game has a sustainable equilibrium. ... Hofbauer (2000) expanded on Myerson's idea and formalised the notion of sustainable equilibria.
This paper proves two results about sustainable equilibria. The first concerns the Hofbauer-Myerson conjecture about the relationship between the sustainability ...
Jul 17, 2020 · Hofbauer posits that a minimum requirement of sustainability should be that if an equilibrium of a game is sustainable, it should remain ...
From the Nash-Tognoli Theorem it follows that every compact differentiable manifold can be encoded as the set of totally mixed Nash equilibria of some game.
Following the ideas laid out in Myerson (1996), Hofbauer (2000) defined an equilibrium of a game as sustainable if it can be made the unique equilibrium of a ...