Title

Order-clustered fixed point theorems on chain-complete preordered sets and their applications to extended and generalized Nash equilibria

Document Type

Article

Publication Date

7-22-2013

Abstract

In this paper, we introduce the concept of order-clustered fixed point of set-valued mappings on preordered sets and give several generalizations of the extension of the Abian-Brown fixed point theorem provided in (Mas-Colell et al. in Microeconomic Theory, 1995), which is from chain-complete posets to chain-complete preordered sets. By using these generalizations and by applying the order-increasing upward property of set-valued mappings, we prove several existence theorems of the extended and generalized Nash equilibria of nonmonetized noncooperative games on chain-complete preordered sets.

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