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Limit Games and Limit Equilibria

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1986

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Elsevier
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Fudenberg, Drew, and David Levine. 1986. Limit games and limit equilibria. Journal of Economic Theory 38, no. 2: 261-279.

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Abstract

We provide a necessary and sufficient condition for equilibria of a game to arise as limits of ε-equilibria of games with smaller strategy spaces. As the smaller games are frequently more tractable, our result facilitates the characterization of the set of equilibria.

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