Universality of Nash equilibria

Universality of Nash equilibria

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Article ID: iaor20072008
Country: United States
Volume: 28
Issue: 3
Start Page Number: 424
End Page Number: 432
Publication Date: Aug 2003
Journal: Mathematics of Operations Research
Authors:
Keywords: Nash theory and methods
Abstract:

Every real algebraic variety is isomorphic to the set of totally mixed Nash equilibria of some three-person game, and also to the set of totally mixed Nash equilibria of an N-person game in which each player has two pure strategies. From the Nash–Tognoli Theorem it follows that every compact differentiable manifold can be encoded as the set of totally mixed Nash equilibria of some game. Moreover, there exist isolated Nash equilibria of arbitrary topological degree.

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