ordinal property
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2006 ◽  
Vol 08 (01) ◽  
pp. 33-44 ◽  
Author(s):  
MARCO MARGIOCCO ◽  
LUCIA PUSILLO

The aim of this paper is to discuss a new concept of well-posedness for non cooperative games. Starting from the definition of (∊,k) equilibrium as the point where every player either guarantees at least k or he (she) does not lose more than ∊, we introduce an original definition of well-posedness. We study characterizations of this well-posedness and its relations with the more known Tikhonov well-posedness. We prove that this well-posedness is an ordinal property if the payoff functions are bounded from below.


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