TY - JOUR
T1 - Regular potential games
AU - Swenson, Brian
AU - Murray, Ryan
AU - Kar, Soummya
N1 - Publisher Copyright:
© 2020 Elsevier Inc.
PY - 2020/11
Y1 - 2020/11
N2 - A fundamental problem with the Nash equilibrium concept is the existence of certain “structurally deficient” equilibria that (i) lack fundamental robustness properties, and (ii) are difficult to analyze. The notion of a “regular” Nash equilibrium was introduced by Harsanyi. Such equilibria are isolated, highly robust, and relatively simple to analyze. A game is said to be regular if all equilibria in the game are regular. In this paper it is shown that almost all potential games are regular. That is, except for a closed subset with Lebesgue measure zero, all potential games are regular. As an immediate consequence of this, the paper also proves an oddness result for potential games: In almost all potential games, the number of Nash equilibrium strategies is finite and odd. Specialized results are given for weighted potential games, exact potential games, and games with identical payoffs. Applications of the results to game-theoretic learning are discussed.
AB - A fundamental problem with the Nash equilibrium concept is the existence of certain “structurally deficient” equilibria that (i) lack fundamental robustness properties, and (ii) are difficult to analyze. The notion of a “regular” Nash equilibrium was introduced by Harsanyi. Such equilibria are isolated, highly robust, and relatively simple to analyze. A game is said to be regular if all equilibria in the game are regular. In this paper it is shown that almost all potential games are regular. That is, except for a closed subset with Lebesgue measure zero, all potential games are regular. As an immediate consequence of this, the paper also proves an oddness result for potential games: In almost all potential games, the number of Nash equilibrium strategies is finite and odd. Specialized results are given for weighted potential games, exact potential games, and games with identical payoffs. Applications of the results to game-theoretic learning are discussed.
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U2 - 10.1016/j.geb.2020.09.005
DO - 10.1016/j.geb.2020.09.005
M3 - Article
AN - SCOPUS:85092086863
SN - 0899-8256
VL - 124
SP - 432
EP - 453
JO - Games and Economic Behavior
JF - Games and Economic Behavior
ER -