Econometrica

Journal Of The Econometric Society

An International Society for the Advancement of Economic
Theory in its Relation to Statistics and Mathematics

Edited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262

Econometrica: May, 2015, Volume 83, Issue 3

Corrigendum to “Discounted Stochastic Games With No Stationary Nash Equilibrium: Two Examples”

https://doi.org/10.3982/ECTA12183
p. 1237-1252

Y. J. Levy and A. McLennan

Levy (2013) presented examples of discounted stochastic games that do not have stationary equilibria. The second named author has pointed out that one of these examples is incorrect. In addition to describing the details of this error, this note presents a new example by the first named author that succeeds in demonstrating that discounted stochastic games with absolutely continuous transitions can fail to have stationary equilibria.


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