Title :
A minimax inequality and its application to the existence of Pareto equilibria for multi-objective games in FC-spaces
Author :
Lu, Haishu ; Miao, Yulin
Author_Institution :
Sch. of Bus., Jiangsu Teachers Univ. of Technol., Changzhou, China
Abstract :
Minimax inequality plays a key role in the field of nonlinear analysis, for example, optimization problem, fixed point problem, non-cooperative game problem etc. In this paper, by using the continuous unity partition theorem and a famous fixed point theorem due to Górniewicz (1975), an important minimax inequality in FC-spaces is proved. On the basis of this inequality, following the method introduced by Nikaido and Isoda (1955), this paper defines an aggregate payoff function and furthermore determines some restrictions on the aggregate function that guarantee the existence of Pareto equilibrium for multi-objective games with infinite countable players. Our results generalize and improve the known Nash equilibrium existence results for multi-objective games with finite players in the literature.
Keywords :
game theory; minimax techniques; FC-spaces; Nash equilibrium; Pareto equilibria existence; aggregate payoff function; continuous unity partition theorem; famous fixed point theorem; minimax inequality; multiobjective games; nonlinear analysis; FC-space; Pareto equilibrium; acyclic set; existence result; fixed pint theroem; pure strategies;
Conference_Titel :
Future Information Technology and Management Engineering (FITME), 2010 International Conference on
Conference_Location :
Changzhou
Print_ISBN :
978-1-4244-9087-5
DOI :
10.1109/FITME.2010.5656714