The Existence of Perfect Equilibrium in Discontinuous Games

Author: Carbonell-Nicolau Oriol  

Publisher: MDPI

E-ISSN: 2073-4336|2|3|235-256

ISSN: 2073-4336

Source: Games, Vol.2, Iss.3, 2011-07, pp. : 235-256

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Abstract

We prove the existence of a trembling-hand perfect equilibrium within a class of compact, metric, and possibly discontinuous games. Our conditions for existence are easily verified in a variety of economic games.