Document Summary

Report ID:05-09-02
Initial Submission Date:2005-09-14
Title:Leontief Economies Encode Nonzero Sum Two-Player Games
Summary:We give a reduction from any two-player game to a special case of the Leontief exchange economy, previously studied by Ye, with the property that the Nash equilibria of the game and the equilibria of the market are in one-to-one correspondence. Our reduction exposes a potential hurdle inherent in solving certain families of market equilibrium problems: nding an equilibrium for Leontief economies is at least as hard as finnding a Nash equilibrium for two-player nonzero sum games.
Authors:Codenotti, Bruno; Varadarajan, Kasturi; Saberi, Amin
Contact email:saberi@stanford.edu
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