A Class of Best-Response Potential Games

Dragone, Davide ; Lambertini, Luca ; Palestini, Arsen (2008) A Class of Best-Response Potential Games. Bologna: Dipartimento di Scienze economiche DSE, p. 16. DOI 10.6092/unibo/amsacta/4612. In: Quaderni - Working Paper DSE (635). ISSN 2282-6483.
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Abstract

We identify a class of noncooperative games in continuous strategies which are best-response potential games. We identify the conditions for the existence of a best-response potential function and characterize its construction, describing then the key properties of the equilibrium. The theoretical analysis is accompanied by applications to oligopoly and monetary policy games.

Abstract
Document type
Monograph (Working Paper)
Creators
CreatorsAffiliationORCID
Dragone, Davide
Lambertini, Luca
Palestini, Arsen
Keywords
best-response potential game, conservative vector field, fictitious profit function
Subjects
ISSN
2282-6483
DOI
Deposit date
15 Feb 2016 13:48
Last modified
15 Feb 2016 13:48
URI

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