Back to Search
Start Over
Nash Equilibrium Existence without Convexity
- Publication Year :
- 2023
-
Abstract
- In this paper, I prove the existence of a pure-strategy Nash equilibrium for a large class of games with nonconvex strategy spaces. Specifically, if each player's strategies form a compact, connected Euclidean neighborhood retract and if all best-response correspondences are null-homotopic, then the game has a pure-strategy Nash equilibrium. As an application, I show how this result can prove the fundamental theorem of algebra.<br />Comment: 9 pages
- Subjects :
- Economics - Theoretical Economics
Subjects
Details
- Database :
- arXiv
- Publication Type :
- Report
- Accession number :
- edsarx.2308.11597
- Document Type :
- Working Paper