Abstract :
In this paper we apply generalized iteration methods to prove comparison results which show how fixed
points of a multifunction can be bounded by least and greatest fixed points of single-valued functions. As
an application we prove existence and comparison results for fixed points of multifunctions. These results
are applied to normal-form games, by proving existence and comparison results for pure and mixed Nash
equilibria and their utilities.
© 2006 Elsevier Inc. All rights reserved.
Keywords :
Multifunction , POSET , Generalized iteration method , fixed point , game , strategy , pure , Strategic complementarities , Quasisupermodular , Supermodular , Single-crossing property , Increasing differences , Nash equilibrium , Least , Greatest , Mixed , Normal-form