Noncooperative Games, Abstract Economies, and Walrasian Equilibria

Abstract

The introduction of an additional player to serve as coordinator in an N-person abstract economy leads in a natural way to an N+1-person noncooperative game. Sufficient conditions on the abstract economy are considered which lead to the existence of equilibrium in the resulting game and hence for the abstract economy.

Additional Information

Parts of this working paper were published as Border, Kim C. "A Core Existence Theorem for Games Without Ordered Preferences." Econometrica: Journal of the Econometric Society (1984): 1537-1542.

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Published - sswp396.pdf

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