Borel Games with Lower-Semi-Continuous Payoffs

Abstract

We prove that every two-player non-zero-sum Borel game with lower-semi-continuous payoffs admits a subgame-perfect -equilibrium. This result complements Example 3 in Solan and Vieille (2003), which shows that a subgame-perfect -equilibrium need not exists when the payoffs are not lower-semi-continuous.

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