Abstract
This contribution introduces the so-called quasi-Leontief functions. In the framework and the language of tropical algebras, our quasi-Leontief functions are the additive functions defined on a semimodule with values in the semiring of scalars. This class of functions encompasses as a special case the usual Leontief utility function. We establish the existence of efficient Nash equilibria when the strategy spaces are compact and pathconnected topological semilattices.
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Briec, W., Horvath, C. & Liang, Q. Efficient Nash equilibria on semilattices. J Glob Optim 56, 1603–1615 (2013). https://doi.org/10.1007/s10898-012-9915-2
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DOI: https://doi.org/10.1007/s10898-012-9915-2
Keywords
- Leontief utility functions
- Quasi-Leontief utility functions
- Efficient points
- Nash equilibria
- Semilattices
- Topological semilattices