As discussed above, if discount rates are all less than one or if LSWP holds, then E([rho], [delta], [lambda]) consists of all no-delay stationary equilibrium profiles of proposals.
i] [less than] 1 for all i [in] N or LSWP holds at [lambda], then E is upper hemicontinuous at ([rho], [delta], [lambda]).
i] is strictly quasiconcave, so LSWP holds, and, from theorem 1 (iii), every stationary equilibrium has finite support; that each [[rho].
Although LSWP is satisfied in divide-the-dollar environments, it does not hold for general linear [u.