Mixed Equilibria in Games of Strategic Complements Are Unstable
Posted: 14 Apr 2005
In games with strict strategic complementarities, properly mixed Nash equilibria - equilibria that are not in pure strategies - are unstable for a broad class of learning dynamics.
Keywords: Mmixed-strategy equilibrium, learning, supermodular games, strategic complementarities, equilibrium selection
JEL Classification: C72, C73
Suggested Citation: Suggested Citation