Korean Management Science Review (경영과학)

The Korean Operations Research and Management Science Society (한국경영과학회)
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Locally Competitive Equilibrium and Properties

부분 경쟁 균형 및 균형의 특성

  • 김도환 (세종대학교 경영대학 경영학과)
  • Published : 2009.03.31
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Abstract

I study a solution concept which preserves the nice Nash equilibrium properties of two-person zero-sum games, and define a locally competitive equilibrium which is characterized by a saddle point with respect to the coordinates of strategies. I show that a locally competitive equilibrium shares the properties of uniqueness of equilibrium payoffs, interchangeablity of equilibrium strategies and convexity of the equilibrium set.

Keywords

References

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