When Are Nash Equilibria Independent of the Distribution of Agents' Characteristics?
Abstract
We present examples of Nash equilibria that do not vary with the distribution of a parameter across agents and then offer a general theorem that characterizes this independence.
Suggested Citation
Ted Bergstrom and Hal R. Varian. "When Are Nash Equilibria Independent of the Distribution of Agents' Characteristics?" Review of Economic Studies 52.4 (1985): 715-718.