On the purification of Nash equilibria of large games

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Abstract

We consider Salim Rashid's asymptotic version of David Schmeidler's theorem on the purification of Nash equilibria. We show that, in contrast to what is stated, players' payoff functions have to be selected from an equicontinuous family in order for Rashid's theorem to hold. That is, a bound on the diversity of payoffs is needed in order for such asymptotic results to be valid.

Original languageEnglish
Pages (from-to)215-219
Number of pages5
JournalEconomics Letters
Volume85
Issue number2
DOIs
Publication statusPublished - 1 Nov 2004

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Keywords

  • Asymptotic results
  • Equicontinuity
  • Nash equilibrium
  • Purification

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