A characterization of strategic complementarities

被引:21
|
作者
Echenique, F [1 ]
机构
[1] CALTECH, Div Humanities & Social Sci, Pasadena, CA 91125 USA
关键词
D O I
10.1016/S0899-8256(03)00118-0
中图分类号
F [经济];
学科分类号
02 ;
摘要
I characterize games for which there is an order on strategies such that the game has strategic complementarities. I prove that, with some qualifications, games with a unique equilibrium have complementarities if and only if Cournot best-response dynamics has no cycles; and that all games with multiple equilibria have complementarities. As applications of my results, I show that: (1) generic 2 x 2 games either have no pure-strategy equilibria, or have complementarities; (2) generic two-player finite ordinal potential games have complementarities. (C) 2003 Elsevier Inc. All rights reserved.
引用
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页码:325 / 347
页数:23
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