The discretization of continuum strategy spaces

Carlos Alós-Ferrer

doi:10.1142/S0219198906001053

The discretization of continuum strategy spaces

Carlos Alós-Ferrer

Economics

Research output: Contribution to journal › Article › peer-review

Abstract

When the strategy set of a game is a continuum, its discretization may not conserve local properties even for arbitrarily fine strategy grids. This paper provides two technical lemmata which are useful to deal with these problems in particular contexts. Four applications are presented, regarding the discretization of Cournot and Bertrand oligopolies, a consumer optimization problem, and an insurance market.

Original language	English (US)
Pages (from-to)	499-514
Number of pages	16
Journal	International Game Theory Review
Volume	8
Issue number	3
DOIs	https://doi.org/10.1142/S0219198906001053
State	Published - Sep 2006

Keywords

Continuum strategy spaces
Discretization
Oligopolies

ASJC Scopus subject areas

Business and International Management
General Computer Science
Statistics, Probability and Uncertainty

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10.1142/S0219198906001053

Cite this

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The discretization of continuum strategy spaces

Abstract

Keywords

ASJC Scopus subject areas

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