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Cournot tatonnement and potentials

Kukushkin, Nikolai S. (2014): Cournot tatonnement and potentials.

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Abstract

We study what topological assumptions should be added to the acyclicity of individual best response improvements in order to ensure the existence of a (pure strategy) Nash equilibrium, as well as the possibility to reach a Nash equilibrium in the limit of a best response improvement path.

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