Refinements of Equilibria for Population Games Based on Bounded Rationality of Agents

We consider stability of equilibria for population games against slight perturbation on the social state space. We provide a necessary and sufficient condition for the existence of Nash equilibria for perturbed population games, which is very important and interesting. Then, refinements of equilibri...

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Main Authors: Chongyi Zhong, Hui Yang, Chun Wang
Format: Article
Language:English
Published: Hindawi Limited 2020-01-01
Series:Mathematical Problems in Engineering
Online Access:http://dx.doi.org/10.1155/2020/1636294
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spelling doaj-4ec16139061849a4b0c0bc6207c724b42020-11-25T03:10:23ZengHindawi LimitedMathematical Problems in Engineering1024-123X1563-51472020-01-01202010.1155/2020/16362941636294Refinements of Equilibria for Population Games Based on Bounded Rationality of AgentsChongyi Zhong0Hui Yang1Chun Wang2Department of Mathematics, Guizhou University, Guiyang, Guizhou 550025, ChinaDepartment of Mathematics, Guizhou University, Guiyang, Guizhou 550025, ChinaDepartment of Mathematics, Guizhou University, Guiyang, Guizhou 550025, ChinaWe consider stability of equilibria for population games against slight perturbation on the social state space. We provide a necessary and sufficient condition for the existence of Nash equilibria for perturbed population games, which is very important and interesting. Then, refinements of equilibria for population games are introduced. Equivalent characterizations of perfect equilibrium are given. At last, it is shown that each population game admits at least one perfect (proper, weakly proper, and robust) equilibrium.http://dx.doi.org/10.1155/2020/1636294
collection DOAJ
language English
format Article
sources DOAJ
author Chongyi Zhong
Hui Yang
Chun Wang
spellingShingle Chongyi Zhong
Hui Yang
Chun Wang
Refinements of Equilibria for Population Games Based on Bounded Rationality of Agents
Mathematical Problems in Engineering
author_facet Chongyi Zhong
Hui Yang
Chun Wang
author_sort Chongyi Zhong
title Refinements of Equilibria for Population Games Based on Bounded Rationality of Agents
title_short Refinements of Equilibria for Population Games Based on Bounded Rationality of Agents
title_full Refinements of Equilibria for Population Games Based on Bounded Rationality of Agents
title_fullStr Refinements of Equilibria for Population Games Based on Bounded Rationality of Agents
title_full_unstemmed Refinements of Equilibria for Population Games Based on Bounded Rationality of Agents
title_sort refinements of equilibria for population games based on bounded rationality of agents
publisher Hindawi Limited
series Mathematical Problems in Engineering
issn 1024-123X
1563-5147
publishDate 2020-01-01
description We consider stability of equilibria for population games against slight perturbation on the social state space. We provide a necessary and sufficient condition for the existence of Nash equilibria for perturbed population games, which is very important and interesting. Then, refinements of equilibria for population games are introduced. Equivalent characterizations of perfect equilibrium are given. At last, it is shown that each population game admits at least one perfect (proper, weakly proper, and robust) equilibrium.
url http://dx.doi.org/10.1155/2020/1636294
work_keys_str_mv AT chongyizhong refinementsofequilibriaforpopulationgamesbasedonboundedrationalityofagents
AT huiyang refinementsofequilibriaforpopulationgamesbasedonboundedrationalityofagents
AT chunwang refinementsofequilibriaforpopulationgamesbasedonboundedrationalityofagents
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