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NOTE ON PURE-STRATEGY NASH EQUILIBRIA IN MATRIX GAMES

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Pure-strategy Nash Equilibrium (NE) is one of the most important concepts in game theory. Tae-Hwan Yoon and O-Hun Kwon gave a ``sufficient condition'' for the existence of pure-strategy NEs in matrix games \cite{1}. They also claimed that the condition was necessary for the existence of pure-strategy NEs in undominated matrix games. In this short note, we show that these claims are not true by giving two examples.

Abstract

Pure-strategy Nash Equilibrium (NE) is one of the most important concepts in game theory. Tae-Hwan Yoon and O-Hun Kwon gave a ``sufficient condition'' for the existence of pure-strategy NEs in matrix games \cite{1}. They also claimed that the condition was necessary for the existence of pure-strategy NEs in undominated matrix games. In this short note, we show that these claims are not true by giving two examples.

참고문헌 (5)

  1. D. Fudenberg, "Game Theory" (1992), The MIT Press
  2. J. Nash, "Non-cooperative games", Ann. of Math. (2), 54, pp.289~295 (1951)
  3. G. Owen, "Game Theory" (1982), Academic Press
  4. J. H. Wang, "The Theory of Games" (1988), TsingHua University Press
  5. T. Yoon, "On pure-strategy equilibria in matrix games", Bull. Korean Math. Soc, 37(2), pp.377~385 (2000)

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