- Volume 49 Issue 6
Pure-strategy Nash Equilibrium (NE) is one of the most important concepts in game theory. Tae-Hwan Yoon and O-Hun Kwon gave a "sufficient condition" for the existence of pure-strategy NEs in matrix games . They also claimed that the condition was necessary for the existence of pure-strategy NEs in undominated matrix games. In this short note, we show that these claims are not true by giving two examples.
- D. Fudenberg and J. Tirole, Game Theory, The MIT Press, 1992.
- J. Nash, Non-cooperative games, Ann. of Math. (2) 54 (1951), 289-295.
- G. Owen, Game Theory, Academic Press, 1982.
- J. H. Wang, The Theory of Games, TsingHua University Press, 1988.
- T. Yoon and O. Kwon, On pure-strategy equilibria in matrix games, Bull. Korean Math. Soc. 37 (2000), no. 2, 377-385.