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HOME > JOURNALS BY SUBJECT > MATHEMATICS/ECONOMICS, FINANCE AND MANAGEMENT > IGTR
International Game Theory Review (IGTR)
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Volume: 8, Issue: 3 (2006) pp. 499-514     DOI: 10.1142/S0219198906001053
Abstract | Full Text (PDF, 263KB) | References
Title: THE DISCRETIZATION OF CONTINUUM STRATEGY SPACES
Author(s):
CARLOS ALÓS-FERRER
Department of Economics, University of Konstanz, Box D-150. D-78457 Konstanz, Germany
Abstract:
When the strategy set of a game is a continuum, its discretization may not conserve local properties even for arbitrarily fine strategy grids. This paper provides two technical lemmata which are useful to deal with these problems in particular contexts. Four applications are presented, regarding the discretization of Cournot and Bertrand oligopolies, a consumer optimization problem, and an insurance market.
Keywords:
Discretization; continuum strategy spaces; oligopolies

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