Threshold stag-hunt equilibrium count

ID: threshold-stag-hunt-equilibrium-count

Consider players choosing a safe action worth or a joint action whose total reward is shared equally among its participants if , and is zero otherwise. Assume and . The safe-action profile is a Nash equilibrium. For , a profile is a Nash equilibrium exactly under the displayed conditions: a joint participant must prefer to , and a safe participant must prefer to . An unsuccessful participant would strictly prefer the safe action. The all-joint endpoint is an equilibrium exactly when .
Writing , positive equilibrium counts lie at with , or at when . There are at most two. Exactly one exists when and . An integer in that excluded set permits both and . Strict positivity matters: when , the positive equilibrium counts instead include every as well as .

New to topics? Read the docs here!