On the structure of the set of Nash equilibria of weakly nondegenerate bimatrix games

On the structure of the set of Nash equilibria of weakly nondegenerate bimatrix games

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Article ID: iaor19993079
Country: Netherlands
Volume: 84
Issue: 1
Start Page Number: 231
End Page Number: 238
Publication Date: Dec 1998
Journal: Annals of Operations Research
Authors:
Abstract:

In two-person games where each player has a finite number of pure strategies, the set of Nash equilibria is a finite set when a certain nondegeneracy condition is satisfied. Recent investigations have shown that for n×n games, the cardinality of this finite set is bounded from above by a function φ(n) with 2n–1 ≤ φ(n) ≤ (27/4)n/2–1, where n is the maximal number of pure strategies of any player. In the present paper, we generalize this result to a class of games which may not satisfy the nondegeneracy condition. The set of Nash equilibria may be infinite; it is shown that it consists of no more than φ(n) arc-connected components.

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