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Jeremy Bertomeu |
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''On the existence of an equilibrium in the Split-the-Difference Mechanism over an uncountable set with a singular part'' |
( 2007, Vol. 3 No.26 ) |
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Broman (89) analyzes the mixed Nash equilibria of the split-the-difference mechanism over countable sets. She leaves as an open question whether there may be mixed equilibria over uncountable sets with singular parts. In this note, I propose such an equilibrium the support of the strategies is the union of a countable set and an interval. |
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Keywords: Double Auction Bargaining Mixed Equilibrium Complete Information Singular |
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Manuscript Received : Jun 20 2007 | | Manuscript Accepted : Jun 20 2007 |
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