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International Journal of Game Theory

, Volume 44, Issue 1, pp 225–251 | Cite as

The single crossing conditions for incomplete preferences

  • Nikolai S. KukushkinEmail author
Article
  • 194 Downloads

Abstract

We study the implications of the single crossing conditions for preferences described by binary relations. All restrictions imposed on the preferences are satisfied in the case of approximate optimization of a bounded-above utility function. In the context of the choice of a single agent, the transitivity of strict preferences ensures that the best response correspondence is increasing in the sense of a natural preorder; if the preferences are represented by an interval order, there is an increasing selection from the best response correspondence. In a strategic game, a Nash equilibrium exists and can be reached from any strategy profile after a finite number of best response improvements if all strategy sets are chains, the single crossing conditions hold w.r.t. pairs (one player’s strategy, a profile of other players’ strategies), and the strict preference relations are transitive. If, additionally, there are just two players, every best response improvement path reaches a Nash equilibrium after a finite number of steps. If each player is only affected by a linear combination of the strategies of others, the single crossing conditions hold w.r.t. pairs (one player’s strategy, an aggregate of the strategies of others), and the preference relations are interval orders, then a Nash equilibrium exists and can be reached from any strategy profile with a finite best response path.

Keywords

Strong acyclicity Single crossing Cournot tatonnement  Nash equilibrium Aggregative game 

Notes

Acknowledgments

Financial support from the Russian Foundation for Basic Research (projects 11-07-00162 and 14-07-00075) is acknowledged. I have benefitted from fruitful contacts with Vladimir Danilov, Francisco Marhuenda, Hervé Moulin, John Quah, Kevin Reffett, Alexei Savvateev, and Satoru Takahashi. Helpful comment and suggestions from an anonymous associate editor and three referees are also appreciated.

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Copyright information

© Springer-Verlag Berlin Heidelberg 2014

Authors and Affiliations

  1. 1.Dorodnicyn Computing CenterRussian Academy of SciencesMoscow Russia

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