This note proves the existence of a first-order locally consistent equilibrium (see, for example, Bonanno and Zeeman [1985], Gary-Bobo [1989a], [1989b]) with more general strategy spaces and without the "boundary conditions" employed by Bonanno and Zeeman [1985]. Two examples of application are also provided.
Existence of First-Order Locally Consistent Equilibria
ANTONIO D'AGATA
2006-01-01
Abstract
This note proves the existence of a first-order locally consistent equilibrium (see, for example, Bonanno and Zeeman [1985], Gary-Bobo [1989a], [1989b]) with more general strategy spaces and without the "boundary conditions" employed by Bonanno and Zeeman [1985]. Two examples of application are also provided.File in questo prodotto:
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