Seminar

The Hotelling bi-matrix game - Seminar by Pierre van Mouche

Organisator Section Economics, Hollandseweg 1, 6706 KN Wageningen
Datum

do 19 juni 2014 12:30 tot 13:15

Zaal/kamer C82, Leeuwenborch (building No. 201)
We study the Nash equilibrium problem in pure strategies for a specific finite game in strategic form, referred to as the Hotelling bi-matrix game. General results that guarantee the existence of an equilibrium of this game (for all parametric values) do not seem to exist. However, we are able to prove equilibrium existence by determining (by hand) the equilibrium set. In addition we conjecture that, with R the best reply correspondence, R2 has an increasing singleton-valued selection, which if true automatically guarantees equilibrium existence.