TY - JOUR
T1 - Nonatomic game with general preferences over returns
AU - Yang, Jian
N1 - Funding Information:
Section concerning a saturated player space was initially suggested by an anonymous referee in an earlier submission. The author would like to thank him/her. Also, this research benefits from the support of Hong Kong RGC Project No. CityU 11505219.
Publisher Copyright:
© 2023, The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature.
PY - 2023/9
Y1 - 2023/9
N2 - We study nonatomic games in which players’ choices are guided by general preferences. Rather than ones over actions while also under influences of player-action profiles, we let the preferences be over returns received by individual players and let the returns be then linked to all players’ actions. Our modeling choice has rendered otherwise standard analysis quite fruitful. Not only can we establish equilibrium existence results, but we can also derive the upper hemi-continuity of equilibrium-environment sets with respect to the return function and players’ preference profile. Advances concerning pure equilibria can also be made on a framework involving a rich set of players, cruder traits, and an externality midway between semi-anonymity and anonymity.
AB - We study nonatomic games in which players’ choices are guided by general preferences. Rather than ones over actions while also under influences of player-action profiles, we let the preferences be over returns received by individual players and let the returns be then linked to all players’ actions. Our modeling choice has rendered otherwise standard analysis quite fruitful. Not only can we establish equilibrium existence results, but we can also derive the upper hemi-continuity of equilibrium-environment sets with respect to the return function and players’ preference profile. Advances concerning pure equilibria can also be made on a framework involving a rich set of players, cruder traits, and an externality midway between semi-anonymity and anonymity.
KW - General preferences
KW - Nonatomic game
KW - Upper hemi-continuity
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U2 - 10.1007/s00182-023-00843-6
DO - 10.1007/s00182-023-00843-6
M3 - Article
AN - SCOPUS:85153754515
SN - 0020-7276
VL - 52
SP - 861
EP - 889
JO - International Journal of Game Theory
JF - International Journal of Game Theory
IS - 3
ER -