COWLES FOUNDATION FOR RESEARCH IN ECONOMICS
AT YALE UNIVERSITY

Box 208281
New Haven, CT 06520-8281

COWLES FOUNDATION DISCUSSION PAPER NO. 981

"A Bound of the Proportion of Pure Strategy Equilibria in Generic Games"

Faruk Gul, David G. Pearce and Ennio Stacchetti

May 1991

In a generic finite normal form game with 2(alpha) + 1 Nash equilibria, at least alpha of the equilibria are nondegenerate mixed strategy equilibria (that is, they involve randomization by some players).

Keywords: Normal form, mixed strategy, game theory

JE Classification: C70