Universität zu Köln

Alos-Ferrer, Carlos ORCID: 0000-0002-1668-9784 and Ritzberger, Klaus (2016). Equilibrium existence for large perfect information games. J. Math. Econ., 62. S. 5 - 19. LAUSANNE: ELSEVIER SCIENCE SA. ISSN 0304-4068

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Abstract

This paper provides a novel existence theorem for subgame perfect equilibria of potentially large extensive form games with perfect information and continuous preferences, allowing for infinite horizon and infinite action spaces. The approach is based on the properties of the topology on the space of outcomes and differs from all previous approaches in the literature. Furthermore, the existence proof relies on a new algorithm that is independent of the horizon, hence can also be applied to infinite-horizon games. (C) 2015 Elsevier B.V. All rights reserved.

Item Type:	Journal Article
Creators:	Creators Email ORCID ORCID Put Code Alos-Ferrer, Carlos UNSPECIFIED orcid.org/0000-0002-1668-9784 UNSPECIFIED Ritzberger, Klaus UNSPECIFIED UNSPECIFIED UNSPECIFIED
URN:	urn:nbn:de:hbz:38-292906
DOI:	10.1016/j.jmateco.2015.10.005
Journal or Publication Title:	J. Math. Econ.
Volume:	62
Page Range:	S. 5 - 19
Date:	2016
Publisher:	ELSEVIER SCIENCE SA
Place of Publication:	LAUSANNE
ISSN:	0304-4068
Language:	English
Faculty:	Unspecified
Divisions:	Unspecified
Subjects:	no entry
Uncontrolled Keywords:	Keywords Language Economics; Mathematics, Interdisciplinary Applications; Social Sciences, Mathematical Methods Multiple languages
Refereed:	Yes
URI:	http://kups.ub.uni-koeln.de/id/eprint/29290