Nash’s Existence Theorem for Non-Compact Strategy Sets
In this paper, we apply the classical FKKM lemma to obtain the Ky Fan minimax inequality defined on nonempty non-compact convex subsets in reflexive Banach spaces, and then we apply it to game theory and obtain Nash’s existence theorem for non-compact strategy sets, which can be regarded as a new, s...
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Published in | Mathematics (Basel) Vol. 12; no. 13; p. 2017 |
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Main Authors | , , , |
Format | Journal Article |
Language | English |
Published |
Basel
MDPI AG
01.07.2024
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Subjects | |
Online Access | Get full text |
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Summary: | In this paper, we apply the classical FKKM lemma to obtain the Ky Fan minimax inequality defined on nonempty non-compact convex subsets in reflexive Banach spaces, and then we apply it to game theory and obtain Nash’s existence theorem for non-compact strategy sets, which can be regarded as a new, simple but interesting application of the FKKM lemma and the Ky Fan minimax inequality, and we can also present another proof about the famous John von Neumann’s existence theorem in two-player zero-sum games. Due to the results of Li, Shi and Chang, the coerciveness in the conclusion can be replaced with the P.S. or G.P.S. conditions. |
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ISSN: | 2227-7390 2227-7390 |
DOI: | 10.3390/math12132017 |