It is well known that a symmetric game has only symmetric (pure strategy) Nash equilibria if its best-reply correspondences admit only increasing selections and its strategy sets are totally ordered. Several nonexamples of the literature show that this result is generally false when the totality condition of the relation that orders the strategy sets is simply dropped. Making use of the structure of interaction functions, this note provides sufficient conditions for the symmetry of all (pure strategy) Nash equilibria in symmetric games where best-reply correspondences admit only increasing selections, but strategy sets are not necessarily totally ordered.

A note on the symmetry of all Nash equilibria in games with increasing best replies / Federico Quartieri; Pier Luigi Sacco. - In: DECISIONS IN ECONOMICS AND FINANCE. - ISSN 1593-8883. - ELETTRONICO. - 39:(2016), pp. 81-93. [10.1007/s10203-015-0166-9]

A note on the symmetry of all Nash equilibria in games with increasing best replies

Federico Quartieri;
2016

Abstract

It is well known that a symmetric game has only symmetric (pure strategy) Nash equilibria if its best-reply correspondences admit only increasing selections and its strategy sets are totally ordered. Several nonexamples of the literature show that this result is generally false when the totality condition of the relation that orders the strategy sets is simply dropped. Making use of the structure of interaction functions, this note provides sufficient conditions for the symmetry of all (pure strategy) Nash equilibria in symmetric games where best-reply correspondences admit only increasing selections, but strategy sets are not necessarily totally ordered.
2016
39
81
93
Goal 10: Reducing inequalities
Federico Quartieri; Pier Luigi Sacco
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Utilizza questo identificatore per citare o creare un link a questa risorsa: https://hdl.handle.net/2158/1126923
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