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On the relation between Sion's minimax theorem and existence of Nash equilibrium in asymmetric multi-players zero-sum game with only one alien

Published 17 Jun 2018 in econ.EM | (1806.07253v1)

Abstract: We consider the relation between Sion's minimax theorem for a continuous function and a Nash equilibrium in an asymmetric multi-players zero-sum game in which only one player is different from other players, and the game is symmetric for the other players. Then, 1. The existence of a Nash equilibrium, which is symmetric for players other than one player, implies Sion's minimax theorem for pairs of this player and one of other players with symmetry for the other players. 2. Sion's minimax theorem for pairs of one player and one of other players with symmetry for the other players implies the existence of a Nash equilibrium which is symmetric for the other players. Thus, they are equivalent.

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