Mixed Equilibria in Games of Strategic Complements Are Unstable

Preprint

1 May 2002

preprint
Published by Elsevier in SSRN Electronic Journal

https://doi.org/10.2139/ssrn.501543

Abstract

In games with strict strategic complementarities, properly mixed Nash equilibria - equilibria that are not in pure strategies - are unstable for a broad class of learning dynamics.

Keywords

MMIXED-STRATEGY EQUILIBRIUM
LEARNING
SUPERMODULAR GAMES
STRATEGIC COMPLEMENTARITIES
EQUILIBRIUM SELECTION

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