From Nash to Cournot--Nash equilibria via $Γ$-convergence

Fuente: arXiv
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Autores principales: Machado, João Miguel, Mazanti, Guilherme, Pfeiffer, Laurent
Formato: Preprint
Publicado: 2025
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author Machado, João Miguel
Mazanti, Guilherme
Pfeiffer, Laurent
author_facet Machado, João Miguel
Mazanti, Guilherme
Pfeiffer, Laurent
contents This work addresses the issue of the convergence of an $N$-player game towards a limit model involving a continuum of players, as the number of agents $N$ goes to infinity. More precisely, we investigate the convergence of Nash equilibria to a Cournot--Nash equilibrium of the limit model. When the cost function of the players is the first variation of some potential function, equilibria can be characterized by a stationarity condition, satisfied in particular by the minimizers of the potential. We demonstrate such a characterization under low regularity assumptions. Then we focus on the case where the players interact in a pairwise fashion; in this case we show that the original sequence of $N$-player games also admit a potential structure and prove that their corresponding potential functions converge in the sense of $Γ$-convergence to the potential function of the limit game.
format Preprint
id arxiv_https___arxiv_org_abs_2509_02205
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle From Nash to Cournot--Nash equilibria via $Γ$-convergence
Machado, João Miguel
Mazanti, Guilherme
Pfeiffer, Laurent
Analysis of PDEs
This work addresses the issue of the convergence of an $N$-player game towards a limit model involving a continuum of players, as the number of agents $N$ goes to infinity. More precisely, we investigate the convergence of Nash equilibria to a Cournot--Nash equilibrium of the limit model. When the cost function of the players is the first variation of some potential function, equilibria can be characterized by a stationarity condition, satisfied in particular by the minimizers of the potential. We demonstrate such a characterization under low regularity assumptions. Then we focus on the case where the players interact in a pairwise fashion; in this case we show that the original sequence of $N$-player games also admit a potential structure and prove that their corresponding potential functions converge in the sense of $Γ$-convergence to the potential function of the limit game.
title From Nash to Cournot--Nash equilibria via $Γ$-convergence
topic Analysis of PDEs
url https://arxiv.org/abs/2509.02205