加载中…
In this paper, we study the public procurement market through the lens of game theory by modeling it as a strategic game with discontinuous and non-quasiconcave payoffs. We first show that the game admits no Nash equilibrium in pure strategies. We then analyze the two-player case and derive two explicit mixed-strategy equilibria for the symmetric game and for the weighted formulation. Finally, we establish the existence of a symmetric Nash equilibrium in the general -player case by applying an extended version of Dasgupta and Maskin result, which allows us to extend equilibrium existence to the mixed-strategy setting despite payoff discontinuities.

生成讲解博客的中文版本

生成AI智能校验的中文版本