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Equilibrium Points for Open Acyclic Relations

Published online by Cambridge University Press:  20 November 2018

Bezalel Peleg*
Affiliation:
The University of Michigan, Ann Arbor, Michigan and The Hebrew University of Jerusalem, Israel
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A formulation of a fixed point theorem, which can be applied conveniently to non-cooperative games and cooperative games, is suggested in this note.

Let N1, … , Nm be m non-empty, finite disjoint sets. For k = 1, … , m we denote by Sk the simplex the coordinates of whose points are indexed by the members of Nk; thus Sk is the collection of all real functions xk defined on Nk which satisfy:

1.1

1.2

Type
Research Article
Copyright
Copyright © Canadian Mathematical Society 1967

References

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3. Nash, J. F., Non cooperative games, Ann. Math., 54 (1951), 286295.Google Scholar
4. Peleg, B., Existence theorem for the bargaining set M1 (i)), Bull. Amer. Math. Soc., 69 (1963), 109110.Google Scholar