Notes on Equilibria in Symmetric Games
In a symmetric game, every player is identical with respect to the game rules. We show that a symmetric 2strategy game must have a pure-strategy Nash equilibrium. We also discuss Nash’s original paper and its generalized notion of symmetry in games. As a special case of Nash’s theorem, any finite sy...
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Main Authors: | , , , |
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2004
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Subjects: | |
Online Access: | https://ink.library.smu.edu.sg/sis_research/1213 https://ink.library.smu.edu.sg/context/sis_research/article/2212/viewcontent/ChengSF_2004_EquilibriaSymmetricGames.pdf |
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Institution: | Singapore Management University |
Language: | English |
Summary: | In a symmetric game, every player is identical with respect to the game rules. We show that a symmetric 2strategy game must have a pure-strategy Nash equilibrium. We also discuss Nash’s original paper and its generalized notion of symmetry in games. As a special case of Nash’s theorem, any finite symmetric game has a symmetric Nash equilibrium. Furthermore, symmetric infinite games with compact, convex strategy spaces and continuous, quasiconcave utility functions have symmetric pure-strategy Nash equilibria. Finally, we discuss how to exploit symmetry for more efficient methods of finding Nash equilibria. |
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