Article ID: | iaor20102848 |
Volume: | 36 |
Issue: | 4 |
Start Page Number: | 461 |
End Page Number: | 464 |
Publication Date: | Jul 2008 |
Journal: | Operations Research Letters |
Authors: | Aussel Didier, Dutta Joydeep |
Keywords: | Nash equilibrium |
It is well known that the generalized Nash equilibrium problem, a model for multi-leader–follower games, can be reformulated as a quasivariational inequality. We show that, in fact, a reformulation in terms of a variational inequality can be obtained in the general setting of quasiconvex nondifferentiable decision functions. An existence result is deduced.