Equilibrium points of random generalized games

In this paper, the concepts of random maximal elements, random equilibria and random generalized games are described. Secondly by measurable selection theorem, some existence theorems of random maximal elements for Lc-majorized correspondences are obtained. Then we prove existence theorems of rando...

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Bibliographic Details
Main Authors: E. Tarafdar, Xian-Zhi Yuan
Format: Article
Language:English
Published: Wiley 1998-01-01
Series:International Journal of Mathematics and Mathematical Sciences
Online Access:http://dx.doi.org/10.1155/S0161171298001100
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Summary:In this paper, the concepts of random maximal elements, random equilibria and random generalized games are described. Secondly by measurable selection theorem, some existence theorems of random maximal elements for Lc-majorized correspondences are obtained. Then we prove existence theorems of random equilibria for non-compact one-person random games. Finally, a random equilibrium existence theorem for non-compact random generalized games (resp., random abstract economics) in topological vector spaces and a random equilibrium existence theorem of non-compact random games in locally convex topological vector spaces in which the constraint mappings are lower semicontinuous with countable number of players (resp., agents) are given. Our results are stochastic versions of corresponding results in the recent literatures.
ISSN:0161-1712
1687-0425