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Non-additive anonymous games

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Kozhan, Roman (2008) Non-additive anonymous games. Working Paper. Coventry: Warwick Business School, Financial Econometrics Research Centre. Working papers (Warwick Business School. Financial Econometrics Research Centre) (No.08-).

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Abstract

This paper introduces a class of non-additive anonymous games where agents are assumed to be uncertain (in the sense of Knight) about opponents’ strategies and about the initial distribution over players’ characteristics in the game. These uncertainties are modelled by non-additive measures or capacities. The Cournot-Nash equilibrium existence theorem is proven for this class of games. It is shown that the equilibrium distribution can be symmetrized under milder conditions than in the case of additive games. In particular, it is not required for the space characteristics to be atomless under capacities. The set-valued map of the Cournot-Nash equilibria is upper-semicontinuous as a function of initial beliefs of the players for non-additive anonymous games.

Item Type:

Working or Discussion Paper (Working Paper)

Subjects:

H Social Sciences > HB Economic Theory
Q Science > QA Mathematics

Divisions:

Faculty of Social Sciences > Warwick Business School > Financial Econometrics Research Centre
Faculty of Social Sciences > Warwick Business School > Finance Group
Faculty of Social Sciences > Warwick Business School

Library of Congress Subject Headings (LCSH):

Uncertainty, Simulation methods, Random walks (Mathematics), Noncooperative games (Mathematics), Game theory

Series Name:

Working papers (Warwick Business School. Financial Econometrics Research Centre)

Publisher:

Warwick Business School, Financial Econometrics Research Centre

Place of Publication:

Coventry

Official Date:

2008

Dates:

Date	Event
2008	Published

Number:

No.08-

Number of Pages:

Status:

Not Peer Reviewed

Access rights to Published version:

Open Access

Realised As:

Kozhan, R. (2011). Non-additive anonymous games. International Journal of Game Theory, 40(2), pp. 215-230. http://wrap.warwick.ac.uk/id/eprint/41335

Related URLs:

Related item in WRAP

References:

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