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When Are Nash Equilibria Independent of the Distribution of Agents' Characteristics?

The Review of Economic StudiesPublished 1 October 1985Open access
Théodore C. Bergstrom, Hal R. Varian
Citations168
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Abstract

We present some examples of Nash equilibria that are independent of the distribution of some parameter across the economic agents and describe a general theorem that characterizes this phenomenon.

Keywords

Decision SciencesEconomics, Econometrics and Finance