{"ID":2830915,"CreatedAt":"2026-06-01T04:54:23.091178241Z","UpdatedAt":"2026-06-01T04:54:23.091178241Z","DeletedAt":null,"paper_url":"https://arxiv.org/abs/2512.10109","arxiv_id":"2512.10109","title":"The Moroccan Public Procurement Game","abstract":"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 $(p,1-p)$ formulation. Finally, we establish the existence of a symmetric Nash equilibrium in the general $N$-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.","short_abstract":"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...","url_abs":"https://arxiv.org/abs/2512.10109","url_pdf":"https://arxiv.org/pdf/2512.10109v3","authors":"[\"Nizar Riane\"]","published":"2025-12-10T21:57:09Z","proceeding":"econ.TH","tasks":"[\"econ.TH\",\"math.OC\"]","methods":"[]","has_code":false}