Nash Equilibrium Existence without Convexity
Theoretical Economics
2023-08-23 v1
Abstract
In this paper, I prove the existence of a pure-strategy Nash equilibrium for a large class of games with nonconvex strategy spaces. Specifically, if each player's strategies form a compact, connected Euclidean neighborhood retract and if all best-response correspondences are null-homotopic, then the game has a pure-strategy Nash equilibrium. As an application, I show how this result can prove the fundamental theorem of algebra.
Keywords
Cite
@article{arxiv.2308.11597,
title = {Nash Equilibrium Existence without Convexity},
author = {Conrad Kosowsky},
journal= {arXiv preprint arXiv:2308.11597},
year = {2023}
}
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9 pages