A new approach to Tikhonov well-posedness for Nash equilibria. (English) Zbl 0881.90136

Summary: It is suggested a new approach to Tikhonov well-posedness for Nash equilibria. Loosely speaking, Tikhonov well-posedness of a problem means that approximate solutions converge to the true solution when the degree of approximation goes to zero.
The novelty of our approach consists in a suitable definition of what could be considered an approximate solution of a Nash equilibrium problem. We add to the requirement of being an \(\varepsilon\)-equilibrium also that of being \(\varepsilon\) close in value to some Nash equilibrium. In this way, we can get rid of some problems which affect Tikhonov well-posedness when the last condition is not taken into account, like the usual lack of uniqueness for Nash equilibria. Furthermore, it can be proved that this property of well-posedness is preserved under monotonic transformations of the payoffs: a result which is relevant in view of economic interpretation.


91A10 Noncooperative games
49J45 Methods involving semicontinuity and convergence; relaxation
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